genai / news / / The Japan Times
SoftBank plans to establish and float a standalone artificial intelligence robotics and data center company called Roze in the U.S. The Japanese investment firm aims to list Roze as soon as this year at a targeted valuation of $100 billion, the Financial Times reported.
SoftBank plans to create a new AI robotics and data center company, Roze, in the U.S.
KEY POINTS
- SoftBank targets a $100 billion valuation for Roze, aiming to list it as early as 2024.
- Masayoshi Son is leading the Roze spinoff to help offset massive AI investment outlays.
- Roze would compete in data center expansion amid industry concerns over sustainability and scale.
COMPANIES
Summarized by Newsio from The Japan Times . How we summarize →