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SoftBank plans to list new AI and robotics company in the US

Masayoshi Son plots IPO for business named Roze as soon as this year

SoftBank is planning to create and list an AI and robotics company called Roze in the US that will be involved in building data centres as Masayoshi Son pushes to realise his massive AI ambitions. 

Roze could be listed as early as this year, and executives at SoftBank are eyeing a valuation that could reach $100bn, according to people familiar with the matter.

SoftBank founder Son wants to list the group this year, according to multiple people familiar with the matter, as he rushes to offset spending commitments across the conglomerate’s portfolio that run into the tens of billions of dollars, including its huge pledges to OpenAI.

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