SoftBank in talks to buy stake in 1X at $6 billion valuation, The Information reports

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.