Apple’s SoftBank VC fund investment. The robots are coming

Apple puts a billion dollars into Softbank’s $100b fund. Says it is about “strategy”. SoftBank has a big interest in robotics and now owns ARM. My take? The robots are coming.

(And have been for some time — great artists ship, after all).

Quote:

“We believe their new fund will speed the development of technologies which may be strategically important to Apple,” said Apple spokeswoman Kristin Huguet.

Link (Reuters)

Link (Bloomberg)