SoftBank plans to establish and list an AI company, “Roze,” in the U.S.

According to the Financial Times, sources revealed that SoftBank Group plans to establish and list in the U.S. an independent intelligent robotics and data center company named “Roze.” SoftBank aims to take Roze public this year, targeting a valuation of $100 billion. SoftBank CEO Masayoshi Son is spearheading this initiative, which seeks to recoup the company’s multibillion-dollar investments in artificial intelligence. SoftBank has been steadily increasing its debt, while Son endeavors to position himself as a pivotal figure in the global AI boom—having made massive investments in OpenAI.