SoftBank in Talks to Buy Majority Stake in Humanoid Robot Firm 1X at $6B Valuation

SoftBank is in talks to acquire a majority stake in Norwegian humanoid robotics startup 1X Technologies at a valuation of roughly $6 billion, according to The Information. Negotiations are ongoing and terms could still change, but if completed, the deal would mark another major bet by SoftBank in the humanoid robotics space.

Confirmed

• Multiple posts relayed The Information's report that SoftBank seeks majority control of 1X at a $6 billion valuation, with terms subject to change.
• 1X, founded in 2014 and formerly known as Halo, is backed by OpenAI and is developing the home humanoid robot NEO.
• Last autumn 1X sought to raise $1 billion at a $10 billion valuation but raised less than half of the target.
• SoftBank's robotics portfolio includes a $5.375 billion deal for ABB's robotics business (also cited as $5.4 billion), leading a $1.4 billion round in Skild AI in January, and selling its Boston Dynamics stake to Hyundai.

Unconfirmed

• The deal is not finalized; The Information says terms may still change, and @xmercuryone noted Reuters has not confirmed the news.

Why it matters

• If completed, the valuation would be well below the $10 billion 1X sought last autumn, reflecting shifting conditions in humanoid robotics funding.
• Known for bold frontier-tech bets, SoftBank would round out its Physical AI ambitions; @xmercuryone argues humanoid robots are a key track for the next decade and worth close attention.

2026-08-27 ~ 2026-08-29 · 7 related posts

• SoftBank reportedly negotiating control of 1X Technologies at $6B valuation — rohanpaul_ai · 2026-08-27
• [source] SoftBank in talks to take majority stake in 1X at ~$6B valuation, completing its Physical AI stack — CyberRobooo · 2026-08-27
• [source] SoftBank in talks to acquire majority stake in 1X at $6B valuation, doubling down on home humanoids — 创业邦 · 2026-08-29

4 near-duplicate retellings: CyberRobooo · xmercury_one · lukas_m_ziegler · 创业邦