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SoftBank is planning a U.S. IPO for a new AI and robotics spinout valued at $100 billion

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SoftBank is planning a U.S. IPO for a new AI and robotics spinout valued at $100 billion

The new entity, called Roze, would focus on building data centers using autonomous robots and could list as early as this year

KAZUHIRO NOGI / Getty Images

SoftBank Group is planning to spin off a new AI and robotics company called Roze and list it in the U.S. at a target valuation of about $100 billion, according to the Financial Times.

According to TechCrunch, Roze's core pitch centers........

© Quartz