SoftBank targets $100 billion US listing for new AI and robotics company Roze

SoftBank Group is planning to establish and list a new artificial intelligence and robotics company called Roze in the United States, according to reporting from the Financial Times. Executives at the Japanese conglomerate are targeting a valuation of approximately $100 billion for the venture, with a potential listing as early as this year.

The creation of Roze reflects SoftBank's ambitious expansion into AI infrastructure at a critical moment for the technology sector. The company is being designed to address a fundamental challenge in the rapidly growing AI industry: the need for specialized robotics and autonomous systems to build and maintain the massive data centers that power artificial intelligence applications. In essence, SoftBank is betting that AI and robots will be essential tools for constructing the physical infrastructure that AI itself requires.