SoftBank in talks to acquire majority stake in 1X at ~$6B valuation
CyberRobooo · x · 2026-08-27
The Information reports that SoftBank is negotiating to buy a majority stake in humanoid robotics startup 1X at a valuation of around $6 billion, though terms could change. This follows SoftBank's agreement to acquire ABB Robotics for $5.375B and its lead in Skild AI's $1.4B round in January, signaling an aggressive expansion into robotics.
More from Venture
- Dev vibe-codes open-source newsletter platform, 83% cheaper than Beehiiv from $19/mo — marclou · 2026-10-15
- Why data companies are printing money: labs pay millions for env-shaped nails — sarahookr · 2026-10-15
- marclou shows off DataFast's live visitor globe: 699 concurrent on one site — marclou · 2026-10-15
- A $15k AI SEO client-finding system built on Claude, free to download — aryanXmahajan · 2026-10-15
- One product photo plus one Seedance 2.5 prompt yields a full 15-second commercial — CurieuxExplorer · 2026-10-15
- Pure-play AI firms' combined revenue — $500B or $1T — will decide if AGI takes off this decade — Jsevillamol · 2026-10-15