SoftBank Prepares SB Energy and Roze Robotics IPOs
SoftBank Group has hired banks including Goldman Sachs and JPMorgan to prepare initial public offerings for its energy developer SB Energy and robotics spinoff Roze. The listings could occur by September as the group seeks to capitalize on investor demand for artificial intelligence infrastructure.
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SOFTBANK GROUP CORP hired five banks to prepare IPOs for SB Energy and its robotics spinoff Roze, targeting valuations exceeding $50 billion USD. The move follows founder Masayoshi Son's pivot toward artificial intelligence infrastructure in Japan and the United States. Investors are shifting capital from AI software toward the "picks-and-shovels" infrastructure required to power and build next-generation data centers.
