SoftBank Launches Robotics-Driven Data Center Firm Roze AI Eyeing $100 Billion IPO
April 30, 2026, 12:15 AM EDT. SoftBank is forming Roze AI, a robotics-based company aimed at automating data center construction in the U.S. The firm plans to deploy autonomous robots to build server farms more efficiently. The conglomerate targets an IPO by late 2026 with a potential valuation of $100 billion. However, internal doubts exist over the ambitious timeline and valuation. This move aligns with broader tech trends where companies like Jeff Bezos' Project Prometheus use AI to modernize industrial sectors. SoftBank's track record includes backing futuristic startups, albeit with mixed success, exemplified by the failed AI-driven pizza delivery venture Zume in 2023.
10 Singapore Blue Chips Paying Dividends in May 2026
April 30, 2026, 12:00 AM EDT.Singapore's blue-chip stocks including OCBC, UOB, ST Engineering, Jardine Matheson, and Keppel are set to distribute dividends in May 2026. OCBC plans to pay a total dividend of S$0.58 per share, combining a S$0.42 final and S$0.16 special dividend. UOB offers a final dividend of S$0.71 per share amidst slight net interest income declines. ST Engineering reports strong revenue and profit growth, with a total 2025 dividend of S$0.23 per share. Jardine Matheson announces a 4% increase in total annual dividend to US$2.35 per share payable mid-May. Keppel continues building income streams with total dividends including cash and REIT units. These payouts highlight steady income prospects amid sector challenges and global interest rate shifts.
