SoftBank Pursues $6B Majority Stake in 1X

SoftBank Pursues $6B Majority Stake in 1X Technologies

SoftBank Group Corp is currently negotiating to acquire a majority equity position in 1X Technologies, a developer of humanoid robots. The contemplated transaction would value 1X Technologies at approximately US$6 billion. According to The Information, the deal is in the discussion stage and no definitive agreement has been signed.

OpenAI, which counts among SoftBank’s major investees, had earlier evaluated a possible acquisition of 1X Technologies but subsequently abandoned those plans, as reported.

1X Technologies is known for its NEO humanoid robot, for which the company claims to have received more than 10,000 customer orders to date, indicating notable demand for its products.

The report was published on 27 August 2026 at 07:54 am by Reuters/Investing.com, citing The Information and noting that the article was generated with AI assistance and edited by Ambar Warrick. No further financial terms, timelines, or regulatory conditions were disclosed.