A fresh report points to SoftBank Group accelerating its AI ambitions with plans to launch and list a new company in the United States.
According to a report by the sources, the company intends to create an AI and robotics firm named Roze, which will focus on building data centres. The listing could happen as early as this year, with executives targeting a valuation of $100 billion.
Founder and CEO Masayoshi Son is pushing the move as part of a broader strategy to balance major financial commitments, including pledges to OpenAI, the creator of ChatGPT.
OpenAI is also preparing for a potential initial public offering that could value it at $1 trillion, according to earlier reports. At the same time, the company faces increasing competition from rivals such as Anthropic.
SoftBank is currently leading financing efforts for the Stargate project, which aims to develop data centres across the United States. Its investment portfolio also includes the robotics business of ABB and digital infrastructure investment firm DigitalBridge.
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