SoftBank in Talks to Acquire Majority Stake in Humanoid Robotics Maker 1X at Billion Valuation
SoftBank Group is in advanced discussions to acquire a controlling majority stake in humanoid robotics manufacturer 1X Technologies in a deal valuing the startup at approximately $6 billion, according to reporting by The Information and Reuters. 1X Technologies, founded by Bernt Øivind Børnich and backed by the OpenAI Startup Fund, designs autonomous bipedal and wheeled robots for industrial logistics and home assistance. Deal Structure and Strategic Context The negotiations mark a valuation



















