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SoftBank readies robotics and AI firm in the US to build data centers — aims for $100B valuation and an IPO this year

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Image accompanies the article at Tom's Hardware. No description was extracted from the source.

SoftBank founder Masayoshi Son is doubling down on the company’s AI investments with his plan to create and list Roze in the U.S. this startup will focus on AI and robotics and is designed to help build data centers.

Key facts

Summary

The Japanese telecom and investment firm is one of the biggest investors in AI and tech. Aside from its AI investments, the company also poured $2 billion into Intel more than a year after the chipmaker announced disastrous results. Son is known for taking huge risks on tech investments. It also invested $20 million in Alibaba in the year 2000 and only exited the position in 2024, giving the company $8.5 billion — about 425 times its initial investment. However, not all its bets were winners.

Read full article at Tom's Hardware →

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