SoftBank is in talks to buy a majority stake in humanoid robot developer 1X Technologies in a deal valuing the startup at about $6 billion, The Information reported on Wednesday, citing people with knowledge of the deal.
SoftBank Group Corp. offers concentrated exposure to the AI stack, anchored by ARM, OpenAI, data centers, and robotics. SFTBY trades at a substantial but volatile NAV discount, reflecting portfolio complexity and reliance on private valuations. ARM and OpenAI dominate asset value, driving both upside potential and concentration risk; further investments and financing needs are significant.
“Tap your finger, move a mountain,” Gravis Robotics' home page says. The Swiss-based company doesn't make a single excavator, backhoe, bulldozer, or crane, but it's looking to add super-smart AI brains to heavy construction metal.
Nvidia said on Monday that it will invest $1.5 billion in SB Energy, a data center linked to SoftBank and OpenAI.
The Nikkei 225 Index jumped sharply this week, reaching its highest level since July 6, and 15% above its lowest level this month. This rebound was driven by the ongoing technology stock gains as investors bought the recent dip.
SoftBank Group jumped more than 5% in Tokyo on Friday as technology shares rallied amid easing fears of another US interest-rate increase. SoftBank rose 5.3% in early trade, helping the Nikkei 225 climb 1.8% to 69,523.56.
The Japanese company's investment in Intel paid off.
SoftBank Group stock tanked 4.41% in Tokyo on Thursday as investors reduced exposure to a volatile Asian AI trade before the company released its first-quarter results. The caution looked premature when the numbers arrived after the market closed.
SoftBank Group's first-quarter net profit dropped due to lower gains from its Vision Funds business.
SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations.
Asian technology stocks rallied on Wednesday after Wall Street's record-setting session fueled optimism around artificial intelligence and growth stocks. Shares of SoftBank surged more than 10%.
SoftBank Corp. (SOBKY) Q1 2027 Earnings Call Transcript