SoftBank Targets $100B Valuation for AI Firm Roze in Planned US Listing

SoftBank (SFTBY) (JP:9984) is reportedly planning to create and list an AI and robotics company called Roze in the U.S., focused on building data centres. According to the Financial Times, citing sources familiar with the matter, Roze could be listed as early as this year, with executives at SoftBank eyeing a valuation of up to $100 billion.

For context, SoftBank Group is a Japanese investment holding company led by Masayoshi Son, focused on technology, telecom, and global innovation investments. It is best known for backing major tech and AI companies through its Vision Fund.