SoftBank is in talks to take a majority stake in 1X, the humanoid robot company, at a $6 billion valuation. 1X went out…
From @atlasberry008 on Instagram — 368.5K followers · See full profile →
SoftBank is in talks to take a majority stake in 1X, the humanoid robot company, at a $6 billion valuation. 1X went out looking for $10 billion last fall and raised less than half of what it wanted. Look at the rest of the board: → $30B+ into OpenAI → Arm for the chips → ABB Robotics for $5.4B → Gravis for construction equipment → Roze, a spinout chasing a $100B listing Masa is buying a position at every layer so whichever one matters, he already owns it. And it might work — he’s been written…
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