{"id":1031629,"date":"2026-08-28T07:40:30","date_gmt":"2026-08-28T02:10:30","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1031629"},"modified":"2026-08-28T07:41:41","modified_gmt":"2026-08-28T02:11:41","slug":"softbank-in-talks-to-buy-stake-in-openai-backed-1x-at-6-billion-valuation","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/28\/softbank-in-talks-to-buy-stake-in-openai-backed-1x-at-6-billion-valuation\/","title":{"rendered":"SoftBank in talks to buy stake in \u200bOpenAI-backed 1X at $6 billion valuation"},"content":{"rendered":"<p>SoftBank is in talks to buy a majority stake in OpenAI-backed humanoid robot developer 1X Technologies in a deal that would value \u200cthe \u2060startup at \u2060about $6 billion, The Information reported on Wednesday, citing people with knowledge of the deal. <\/p>\n<p>Reuters could not immediately confirm the report. SoftBank Group and \u200b1X did not \u2060immediately respond \u200cto Reuters requests \u200bfor \u200bcomment. <\/p>\n<p>The talks are ongoing, \u2060and the terms could change, the \u200breport said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoftBank is in talks to buy a majority stake in OpenAI-backed humanoid robot developer 1X Technologies in a deal that would value \u200cthe \u2060startup at \u2060about $6 billion, The Information reported on Wednesday, citing people with knowledge of the deal. Reuters could not immediately confirm the report. SoftBank Group and \u200b1X did not \u2060immediately respond \u200cto Reuters requests \u200bfor \u200bcomment. The talks are ongoing, \u2060and the terms could change, the \u200breport said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1031629","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1031629"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031629\/revisions"}],"predecessor-version":[{"id":1031654,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031629\/revisions\/1031654"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1031629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1031629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1031629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}