1X Technologies develops general-purpose robots designed to work autonomously. It signed an agreement with Nebius in the first quarter of 2026, announced in Nebius's May 2026 shareholder letter.
On its May 2026 earnings call, Nebius said 1X Technologies was using Nebius AI Cloud to build general-purpose robots.
Nebius Q1 2026 shareholder letter13 May 2026 · Nebius · PDFQ1 2026 shareholder letter: signed agreement with robotics company.
Nebius (NBIS) Q1 2026 Earnings Transcript | The Motley Fool Previous ticker arrow Arrow down Arrow down Arrow down Arrow down Arrow down Arrow up Arrow down Arrow down Arrow down Arrow down Arrow down Arrow down Next ticker arrow
13 May 2026 · www.fool.com · Web page
Nebius said 1X Technologies was using its cloud platform to build general-purpose robots.
Nebius (NBIS) Q1 2026 Earnings Transcript | The Motley Fool Previous ticker arrow Arrow down Arrow down Arrow down Arrow down Arrow down Arrow up Arrow down Arrow down Arrow down Arrow down Arrow down Arrow down Next ticker arrow13 May 2026 · www.fool.com · Web pageNebius said 1X Technologies was using its cloud platform to build general-purpose robots.
1X Technologies develops humanoid robots and the AI software that controls them. Its flagship product, NEO, is designed for households, with functions such as fetching objects, tidying rooms and helping with laundry. Owners can manage chores through voice commands and a mobile app, while scheduled remote assistance helps with unfamiliar tasks. Its earlier EVE platform is a wheeled humanoid deployed in industrial facilities. The company develops robot hardware, tendon-driven actuation and AI models, including Redwood, to support movement and manipulation.
CEO Bernt Børnich outlined a target to manufacture and ship 50,000 NEO robots in 2027. He described planned annual capacity of 10,000 units in Hayward and 100,000 in San Carlos, with expansion dependent on production quality and reliability.
SoftBank reportedly discusses majority stake in 1X at $6 billion valuation
Reuters, citing The Information, reported that SoftBank was negotiating to acquire a majority stake in 1X at an approximately $6 billion valuation. Reuters could not independently confirm the report, and the terms remained subject to change.
1X Technologies develops general-purpose robots designed to work autonomously. It signed an agreement with Nebius in the first quarter of 2026, announced in Nebius's May 2026 shareholder letter.
On its May 2026 earnings call, Nebius said 1X Technologies was using Nebius AI Cloud to build general-purpose robots.
Nebius Q1 2026 shareholder letter13 May 2026 · Nebius · PDFQ1 2026 shareholder letter: signed agreement with robotics company.
Nebius (NBIS) Q1 2026 Earnings Transcript | The Motley Fool Previous ticker arrow Arrow down Arrow down Arrow down Arrow down Arrow down Arrow up Arrow down Arrow down Arrow down Arrow down Arrow down Arrow down Next ticker arrow
13 May 2026 · www.fool.com · Web page
Nebius said 1X Technologies was using its cloud platform to build general-purpose robots.
Nebius (NBIS) Q1 2026 Earnings Transcript | The Motley Fool Previous ticker arrow Arrow down Arrow down Arrow down Arrow down Arrow down Arrow up Arrow down Arrow down Arrow down Arrow down Arrow down Arrow down Next ticker arrow13 May 2026 · www.fool.com · Web pageNebius said 1X Technologies was using its cloud platform to build general-purpose robots.
1X Technologies develops humanoid robots and the AI software that controls them. Its flagship product, NEO, is designed for households, with functions such as fetching objects, tidying rooms and helping with laundry. Owners can manage chores through voice commands and a mobile app, while scheduled remote assistance helps with unfamiliar tasks. Its earlier EVE platform is a wheeled humanoid deployed in industrial facilities. The company develops robot hardware, tendon-driven actuation and AI models, including Redwood, to support movement and manipulation.
CEO Bernt Børnich outlined a target to manufacture and ship 50,000 NEO robots in 2027. He described planned annual capacity of 10,000 units in Hayward and 100,000 in San Carlos, with expansion dependent on production quality and reliability.
SoftBank reportedly discusses majority stake in 1X at $6 billion valuation
Reuters, citing The Information, reported that SoftBank was negotiating to acquire a majority stake in 1X at an approximately $6 billion valuation. Reuters could not independently confirm the report, and the terms remained subject to change.
