There's a new IPO in the pipeline — and it's a big one. | SoftBank is creating a standalone AI and robotics company called Roze AI with plans to take it public as soon as the second half of this year. | The target valuation: $100 billion. | Want to buy my #1 Pre-IPO for 2026 – for less than $5 / share? It’s open to everyone – with zero restrictions. | Go here to watch my video with details. | The idea behind Roze is to use autonomous robotics to build and operate AI data centers more efficiently. Think of it as physical AI infrastructure — robots constructing the facilities that run the AI models. | SoftBank plans to bundle several existing assets under the Roze umbrella, including its energy holdings and ABB Robotics, the industrial robotics division it agreed to acquire last year for $5.4 billion. ABB is one of the world's leading manufacturers of robotic arms used in factories and warehouses. | Roze's asset base could be supported by roughly $20 billion in tangible holdings — $12 billion from robotics once the ABB deal closes, plus $8 billion from data center investments like Lordstown and SB Energy. That gap between $20 billion in assets and a $100 billion target valuation raises some big questions about the deal. | SoftBank is planning an analyst day at one of its Texas data center facilities in July — essentially a roadshow appetizer designed to drum up investor interest before the IPO. | The timeline for an IPO could be late 2026 or 2027. SoftBank executives have privately described the $100 billion target as ambitious. And there are real concerns about how SoftBank funds any of this — the parent company just signed a $40 billion loan, partly to back its $30 billion OpenAI investment. | Still, CEO Masayoshi Son has a long track record of making oversized bets that look reckless until they don't. His early investment in Alibaba turned $20 million into $130 billion. He was an early backer of Arm Holdings, which went public at a $60 billion valuation in 2023 and is now valued at over $200 billion. | The physical AI infrastructure play is real. Amazon, Microsoft, and Meta are collectively spending hundreds of billions to build data centers. If Roze can credibly position itself as a cost-efficient builder of that infrastructure, the demand story writes itself. | While we’re waiting for the July analyst day for more details on the financials and IPO timeline… | You’ll definitely want to check out the Urban Gold Lab. It’s turning electronic trash – known as “e-waste” into gold, silver and other valuable metals. | I just got back from a site visit – and meeting with the executive team. And I’m personally writing a big check into the Pre-IPO financing. | Here’s a link to get the details. | Ian Wyatt
Editor, IPO Watch |
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