SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO

SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO

Tech corporations are racing to build out infrastructure that can additional drive the automation increase. Now, Japanese multinational SoftBank reportedly plans to create a new company designed to automate the creation of that infrastructure.

SoftBank is placing together a new enterprise called Roze AI, the Financial Times initially reported. Roze would search to make data heart development in the U.S. more “efficient,” the Wall Street Journal stories. It would do that by — among other issues — deploying autonomous robots to assist build server farms.

In an attention-grabbing twist, the conglomerate is already prepping Roze for an IPO, and some executives need it to occur by the second half of 2026, the Journal writes. The desired valuation may be $100 billion, FT reported.

TechCrunch reached out to SoftBank for more info.

Other latest ventures have also envisioned utilizing AI and automation to make the industrial sector more environment friendly. For instance, Amazon mogul Jeff Bezos has co-founded a startup called Project Prometheus that plans to purchase corporations in major industrial sectors and modernize them utilizing AI.

SoftBank has been identified to again some darkish horse startups (it notably sunk tons of of hundreds of thousands of {dollars} into Zume, an AI-driven pizza supply startup that went stomach up in 2023). The FT notes that some inside SoftBank have expressed skepticism “about the valuation and the proposed timeline for an IPO.”

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