SoftBank Aims to Acquire Swiss AI Startup Gravis Robotics
SoftBank Corp.
Japanese SoftBank Group is considering purchasing Swiss startup Gravis Robotics, which specializes in AI and robotics. The company's valuation may exceed 500 million dollars. It is planned to include Gravis in the new AI company Roze.
On July 24, it became known that Japan's SoftBank Group is negotiating the acquisition of Swiss startup Gravis Robotics AG, which develops artificial intelligence and robotics technologies. SoftBank intends to acquire a significant stake in the company and include it in its new division Roze, established to advance AI and robotics. The deal may proceed in stages—first purchasing existing shares, then making additional investments. Ultimately, Gravis's valuation could exceed $500 million. The final terms and structure of the deal have not yet been finalized.
Source: 36Kr —
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