SoftBank is creating a robotics company that builds data centers and already eyeing a $100B IPO | TechCrunch
News Source : TechCrunch
News Summary
- Japanese conglomerate SoftBank reportedly plans to create a new company called Roze AI.
- Roze would seek to make data center construction in the U.S. more “efficient” It would do that by deploying autonomous robots to help build server farms.
- Some executives want it to happen by the second half of 2026, the Wall Street Journal reports.
- The desired valuation might be $100 billion, FT reports.
- SoftBank has been known to back some dark horse startups (it notably sunk hundreds of millions of dollars into Zume, an AI-driven pizza delivery startup that went belly up in 2023)
Tech companies are racing to build out infrastructure that can further drive the automation boom. Now, Japanese multinational SoftBank reportedly plans to create a new company designed to automate th [+1217 chars]
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