Acquisition Overview
SoftBank Group Corp is negotiating to acquire a majority stake in 1X Technologies, a developer of humanoid robots. The transaction would value 1X at approximately $6 billion.
Background
OpenAI, also an investee of SoftBank, had previously evaluated a purchase of 1X Technologies but subsequently scrapped those plans, according to the source.
Product Demand
1X Technologies’ flagship NEO humanoid robot is reported to have received more than 10,000 orders, indicating strong market interest in its technology.
Source and Publication
The information is drawn from a report by The Information, cited by Reuters, and was published on 27 August 2026 at 07:54 am.