SoftBank in talks to buy stake in 1X at $6 billion valuation, The Information reports
Tap title to read story
SoftBank is reportedly in advanced discussions to acquire a majority stake in humanoid robot developer 1X Technologies, valuing the startup at approximately six billion dollars. The potential transaction builds on SoftBank's broader strategic expansion into the robotics sector following prior investments. OpenAI, which previously invested in 1X through its startup fund in 2023, also held exploratory acquisition discussions with the robotics firm last year. Representatives for SoftBank declined to comment on the ongoing negotiations, while 1X has not yet responded to formal inquiries. Industry analysts note that the potential agreement underscores growing convergence between foundational artificial intelligence models and physical robotics hardware development. The talks remain active, and official deal terms are subject to change pending final agreements and regulatory reviews across international markets.
More context
Timeline
- On January 1 2023 OpenAI invested in 1X through its startup fund.
- On January 1 2025 OpenAI and 1X discussed a potential company acquisition.
- On January 1 2025 SoftBank agreed to acquire ABB robotics business unit.
- On August 26 2026 The Information reported SoftBank talks to buy 1X.
- On August 27 2026 Reuters reported on the ongoing negotiations between firms.
- On August 27 2026 SoftBank declined to comment on reported acquisition talks.
- On August 27 2026 1X Technologies did not immediately respond to inquiries.
- SoftBank may finalize the majority stake acquisition agreement.
- Regulatory authorities could review proposed robotics transaction terms.
- 1X may commercialize advanced humanoid robots with backing.
Why it matters
Immediate US impact: US robotics firms face increased capital competition and valuations. Possible long-term US impact: Automation integration accelerates across American manufacturing and logistics sectors. Most affected groups: Robotics startups, investors, tech workers, and enterprise automation consumers. Reader priority: Monitor financial wire services and official corporate press releases closely.
Coverage notes
Left: Highlighted corporate concentration risks and artificial intelligence labor market implications. Center: Reported financial transaction details objectively based on available media sources. Right: Emphasized market competition, capital investment efficiency, and technological innovation growth.
Primary report
The Information reported SoftBank talks to buy 1X on August 27, 2026.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
