Report
SoftBank reportedly seeks up to $100 billion from Gulf investors for AI
Bloomberg, citing the Financial Times, reports Masayoshi Son held initial talks with investors, including in the UAE.
TLDR
Bloomberg, citing the Financial Times, reports SoftBank is seeking as much as $100 billion from Gulf investors to expand its AI bets. The FT, citing people familiar with the matter, says founder Masayoshi Son held initial talks with investors, including in the United Arab Emirates. The proposed fund would buy companies and use AI and robotics to improve their operations.
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