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SoftBank's Masayoshi Son Returns to Humanoid Robotics with $6B Bet

SoftBank Group is in talks to acquire a majority stake in humanoid robotics company 1X Technologies, at a valuation of approximately $6 billion. This comes shortly after SoftBank…

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SoftBank Group is in talks to acquire a majority stake in humanoid robotics company 1X Technologies, at a valuation of approximately $6 billion. This comes shortly after SoftBank sold its remaining stake in Boston Dynamics, ending a five-year holding period. 1X focuses on home-use scenarios, and its bipedal robot NEO is now open for reservations, though it still relies on remote human assistance. Son is integrating computing power, models, industrial robots, and home terminals, seeking to answer when robotics can evolve from impressive videos into a truly massive business.

Original: https://wallstreetcn.com/articles/3780449

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