The Financial Times reports that SoftBank aims to float a U.S.-based robotics and data center company this year as Chief Executive Officer Masayoshi Son expands artificial intelligence-related investments.
SoftBank is planning to create and list Roze, a U.S.-based robotics and data center company, at a $100 billion valuation, according to the Financial Times. The report said the listing is targeted for this year. The plan comes as Chief Executive Officer Masayoshi Son continues to push deeper into artificial intelligence-related investments, including OpenAI. Robotics and data center infrastructure are closely tied to the AI sector because they support automation and the computing capacity needed to run large-scale AI systems.