IJR News — today's news from every side

IJR News — today's news from every side

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SoftBank in talks to acquire 1X stake — Aug 27, 2026SoftBank is in talks to acquire a majority stake in humanoid robot maker 1X Technologies at a valuation of about $6 billion, underscoring its ongoing push into AI-enabled home robotics despite earlier funding gaps. The reports from The Information and Reuters, along with context on 1X's NEO product and OpenAI ties, indicate SoftBank’s strategy to broaden its robotics portfolio amid a rising appetite for humanoid tech.

Mobileye plans CEO succession as Shashua steps down — Jul 23, 2026Mobileye confirms founder Amnon Shashua will step down as CEO once a successor is appointed, with a board-led search and Shashua potentially moving to the chair role while remaining on the board. The leadership transition comes as Mobileye emphasizes continuity in its AI, autonomous systems and humanoid robotics strategy, and follows a period of strong preliminary results, including a Q2 revenue beat and an 8% premarket stock rise.

Tesla Q2 Revenue Up, Profits Down as Costs Rise — Jul 23, 2026Tesla posted a Q2 2026 revenue of $28.2 billion, up 26% year over year and driven by broad strength including Australia’s record Model Y sales, but profitability deteriorated as adjusted EPS came in at $0.33 vs $0.51 and GAAP operating income plunged 57% to $398 million with a 1.4% margin. The quarter reflected heavy expenditure on AI, robotics, and capital outlays, resulting in negative free cash flow despite a revenue record across automotive, energy, and services.