27 August 2026

SoftBank in talks to acquire majority stake in 1X Technologies

First reported

The Neuron ran this on .

  • SoftBank, a Japanese investment firm, is negotiating to buy a controlling stake in 1X Technologies, a robotics startup.
  • 1X Technologies builds humanoid robots designed to work in homes, and has received backing from OpenAI, the company behind ChatGPT.
  • The deal would value 1X Technologies at approximately 6 billion dollars if completed.

How it was covered

The NeuronPete Huang & Grant Harvey

SoftBank is negotiating to acquire a majority stake in 1X Technologies, the OpenAI-backed humanoid robot startup building home helper robots, at a valuation around 6 billion dollars.