Report
Masayoshi Son reportedly seeks up to $100 billion from Gulf investors to expand AI bets
The Financial Times reports Son held UAE talks; a possible fund would buy companies and use AI to improve them.
TLDR
The Financial Times, citing people familiar with the matter, reports that SoftBank founder Masayoshi Son has discussed raising up to $100 billion from Gulf investors, including in talks with senior figures in the UAE. If raised, the money would back a fund to buy companies and improve their operations with AI and other advanced technology. The people said there is no guarantee the talks will succeed; SoftBank declined to comment.
Combined views
21K
1 Source, first seen ago
23 likes4 comments8 saves8 reposts
