SoftBank in talks to buy stake in OpenAI-backed 1X at $6 billion valuation
SoftBank is in talks to buy a majority stake in OpenAI-backed humanoid robot developer 1X Technologies in a deal that would value the startup at about $6 billion, The Information reported on Wednesday, citing people with knowledge of the deal.
Reuters could not immediately confirm the report. SoftBank Group and 1X did not immediately respond to Reuters requests for comment.
The talks are ongoing, and the terms could change, the report said.
