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China blocks SoftBank's acquisition of ABB Robotics over data outflow risks

ABB Robotics confirmed to The Robot Report that China's Office for Security Review of Foreign Investment has blocked SoftBank Group's acquisition of ABB Robotics, with regulators concerned that data used to train AI models could be transferred overseas. ABB and SoftBank said the two sides are maintaining communication and advancing the deal constructively. The article also mentions that the U.S. FCC has restricted some new models of connected robots, that the U.S. Commerce Department has determined that imports of robots and industrial machinery threaten national security, and that a EU antitrust review led to the termination of Amazon's acquisition of iRobot.

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