Technology

SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO

Asia / Japan0 views1 min
SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO

SoftBank is creating a new robotics company called Roze AI to automate data center construction in the U.S. The company is already being prepped for an IPO with a desired valuation of $100 billion by the second half of 2026.

Japanese multinational SoftBank plans to create a new company called Roze AI to automate data center construction. Roze will deploy autonomous robots to help build server farms in the U.S. SoftBank is prepping Roze for an IPO, with some executives aiming for it to happen by the second half of 2026. The desired valuation is $100 billion. Other tech companies, like Amazon mogul Jeff Bezos' Project Prometheus, are also exploring AI and automation to make the industrial sector more efficient. SoftBank has backed some unconventional startups in the past, and some insiders have expressed skepticism about Roze's valuation and IPO timeline.

This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.

Comments (0)

Log in to comment.

Loading...