SoftBank Seeks Up to $100B From Gulf Investors to Expand AI and Robotics Bets
SoftBank Group is seeking up to $100 billion from Gulf investors to expand its artificial intelligence investments, according to a report by the Financial Times citing unnamed sources. Founder Masayoshi Son has initiated early talks with potential backers in the United Arab Emirates and elsewhere. The proposed fund aims to acquire companies and further AI initiatives.
SoftBank Group is seeking up to $100 billion from Gulf investors to expand its artificial intelligence investments, according to a report by the Financial Times citing unnamed sources. Founder Masayoshi Son has initiated early talks with potential backers in the United Arab Emirates and elsewhere. The proposed fund aims to acquire companies and further AI initiatives.
Sources
- AI Insider — SoftBank Seeks Up to $100B From Gulf Investors to Expand AI and Robotics Bets
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