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- SoftBank’s $5.4B Robotics Bet, EU’s AI Funding Surge, and Real Estate’s Automation Wave
SoftBank’s $5.4B Robotics Bet, EU’s AI Funding Surge, and Real Estate’s Automation Wave
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Welcome
Welcome to today’s edition of AI Business Weekly. From SoftBank’s $5.4 billion robotics acquisition and the EU’s plan to double AI research funding, to classroom adoption in New Brunswick and new agentic AI investments in property management and real estate—today’s stories highlight AI’s accelerating integration across industries, education, and innovation. Let’s dive in.
SoftBank to acquire ABB’s robotics business for $5.4B
SoftBank Group has agreed to acquire ABB’s robotics division for $5.4 billion, marking a major step in its mission to merge artificial intelligence with physical automation. The deal underscores SoftBank’s broader bet that robotics and AI will converge to power the next wave of industrial and consumer innovation.
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New Brunswick schools cautiously embrace AI in classrooms
In Canada’s New Brunswick province, educators are moving carefully but deliberately toward integrating AI in classrooms. Teachers like Randolph MacLean say keeping AI out of education is as futile as “holding back the Bay of Fundy’s tides.” The shift signals a growing recognition that AI literacy will be as essential as reading and writing for the next generation.
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Randolph MacLean, superintendent of the Anglophone East School District, is excited about how artificial intelligence can be used as a force for good in his district's schools. He views AI as a big part of the future for current students. (Shane Magee/CBC)
Boom raises $12.7M to scale agentic AI for property management
U.S.-based Boom, an AI-powered property management platform, has secured $12.7 million in funding led by Avenue Growth Partners. The round also saw participation from industry veterans including former Hilton CEO Ian Carter. Boom plans to expand its agentic AI capabilities to optimize property operations, automate leasing workflows, and improve tenant experiences.
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EU to double research funding for artificial intelligence
The European Commission announced plans to double AI research funding, reinforcing Europe’s commitment to scientific innovation and industrial competitiveness. The initiative will expand collaboration between academia and industry to accelerate AI breakthroughs while ensuring ethical and regulatory alignment
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Baselane raises $34.4M, launches AI automation for real estate investors
New York-based Baselane has raised $34.4 million in combined Series A and B funding to enhance its AI-driven automation tools for real estate investors. The platform streamlines rent collection, accounting, and portfolio insights—empowering property owners to manage finances more efficiently through data and AI.
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Baselane Founder
📢 AI Funding & Market Momentum
From SoftBank’s multibillion-dollar robotics bet and EU’s doubled AI research commitment, to Baselane and Boom’s property-tech investments, and the gradual adoption of AI in Canadian classrooms, today’s edition reflects how AI is reshaping industries from automation to education. The convergence of funding, research, and real-world application continues to define this new phase of intelligent transformation.