IUX24
TopMarketWorldEconomyFinanceTechnologyBusinessPoliticsAnalysis & Opinion

SoftBank in Talks to Buy 1X Stake

SoftBank is reportedly negotiating to purchase a stake in humanoid robot developer 1X Technologies at a valuation of six billion dollars. The ongoing talks follow SoftBank's previous major investments in the robotics sector.

Xurve View
Insights:
FILE PHOTO: Logo of Softbank Group at its annual shareholders meeting in Tokyo, Japan, June 24, 2026. REUTERS/Kim Kyung-Hoon/File Photo

SOFTBANK CORP is in talks to buy a majority stake in humanoid robot developer 1X Technologies at a $6 billion valuation, The Information reported Wednesday morning.
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.