SoftBank in talks to buy stake in 1X at $6 billion valuation, The Information reports

SoftBank in talks to buy stake in humanoid developer 1X at US$6 billion valuation: report

The 1X deal builds on SoftBank’s broader push into robotics Read more at The Business Times.

SoftBank in talks to buy stake in 1X at $6 billion valuation, The Information reports

Aug 26 : SoftBank is in talks to buy a majority stake in humanoid robot developer 1X Technologies in a deal valuing the startup at about $6 billion, The Information reported on Wednesday, citing people with knowledge of the deal.Reuters could not immediately confirm the report.

SoftBank in Talks to Buy Majority Stake in Humanoid Maker 1X at $6 Billion Valuation

SoftBank is in talks to buy a majority stake in 1X Technologies, an OpenAI-backed humanoid robot developer, in a deal that would value the startup at about $6 billion, according to people with knowledge of the deal. The investment would buttress SoftBank’s robotics ambition. The investment would ...