SoftBank Plans IPO for AI Robotics Spinout Roze with $100 Billion Valuation Target
SoftBank Group plans to spin off its AI and robotics company Roze and list it in the U.S. with a target valuation of $100 billion. The move is driven by SoftBank founder Masayoshi Son, though some executives have expressed doubts about the valuation and timeline. The IPO could help fund SoftBank's large commitments, including $30 billion for OpenAI and a $500 billion AI infrastructure project.
