SoftBank Group invests $225 million in Autonomous Solutions, Inc. (ASI), a Utah-based company that develops autonomous work vehicles that can drive themselves. Alongside the investment, the companies form a joint venture focused on building self-driving machines for large-scale construction and infrastructure work.
The outlets describe the venture as targeting major road, rail, and airport projects, with coverage spanning multiple types of construction activities. The Financial Post emphasizes ASI’s long-running experience in industrial vehicle automation and fleet management, describing the Mobius® platform and its role in orchestrating autonomous fleets. The Next Web similarly frames the effort around scaling autonomous construction and industrial operations, presenting SoftBank’s funding as the mechanism to support commercialization.
While the reporting aligns on the core elements—SoftBank’s $225 million investment, ASI’s autonomy technology, and the creation of an autonomous construction joint venture—each outlet highlights different emphasis: one focuses more on the infrastructure application areas, while the other underscores ASI’s fleet-management expertise and the “OEM-agnostic” mixed-fleet approach.