Valida Pau(@validapau):LATE NIGHT SCOOP w/ @rocketalignment @amir: SoftBank is in talks to buy a majority stake in 1X Technologies, an OpenAI-backed humanoid robot developer, in a deal that would value the startup at about $6 billion. They talked to OpenAI about an acquisition last year but that deal fell apart. 1X tried last fall to raise $1 billion at a $10 billion valuation, but it only raised less than half that target.

Valida Pau

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Reporter @theinformation covering tech M&A, IPOs and other big tech deals | Signal validapau.59

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Valida Pau@validapau

2026.08.27 01:38

LATE NIGHT SCOOP w/ @rocketalignment @amir: SoftBank is in talks to buy a majority stake in 1X Technologies, an OpenAI-backed humanoid robot developer, in a deal that would value the startup at about $6 billion. They talked to OpenAI about an acquisition last year but that deal fell apart. 1X tried last fall to raise $1 billion at a $10 billion valuation, but it only raised less than half that target.