SOFT AND SILVER NEGOTIATIONS TO BUY A MAJORITY OF 1X FOR HUMAN ROBOT MANUFACTURER AT $6 BILLION IN VALUATION

On 27 August, according to the Information quoted sources, soft silver was negotiating the acquisition of most of the shares of the original company 1X Technologies, a human robot development company supported by OpenAI, which would be valued at approximately $6 billion. This investment will support the ambition of soft silver in the robotic field, while also providing additional funding for 1X, investing its soft-body-designed robots in the consumer family and helping users to do household chores. The original company, which had been in existence for 12 years, had attempted to raise $1 billion over the past autumn with a $10 billion valuation, but was said to have eventually raised less than half of the target. Soft CEO Justice has long been an investor and owner of robot developers. He predicted that robotics, combined with artificial intelligence, would create the next trillion-class company. Another sign was that OpenAI and 1X had been known last year to discuss the possibility of acquiring 1X, but that negotiations eventually broke down。