SoftBank in talks to buy stake in OpenAI-backed 1X at $6 billion valuation

SoftBank is negotiating to acquire a majority stake in OpenAI-backed 1X Technologies, valuing the startup at approximately $6 billion. The talks are ongoing, and the terms may change, as SoftBank continues its expansion into robotics. This follows OpenAI's investment in 1X through its Startup Fund in 2023, alongside other investors.