SoftBank is creating a new AI and robotics company called Roze and targeting a $100 billion valuation in a U.S. IPO as early as late 2026. The company will automate data center construction using robotics and will incorporate ABB Robotics.
OpenAI finalized the largest private tech funding round in history, raising $110B from Amazon ($50B), NVIDIA ($30B), and SoftBank ($30B). The company is now valued at $840B and plans to expand its AWS partnership to $100B over eight years.
OpenAI CEO Sam Altman announced a $110 billion funding round from Amazon, NVIDIA, and SoftBank — one of the largest private tech funding rounds in history, valuing the company at $840 billion post-investment.
Greg Brockman posted that the first steel beams are now up at the Stargate site in Milam County, Texas. The update also names SoftBank and SB Energy as project partners.