Business · 1 hour ago
SoftBank Seeks $100bn From Gulf Investors for AI
Photo: European Communities, 2025 / EC - Audiovisual Service (CC BY 4.0)
SoftBank Group CEO Masayoshi Son is seeking to raise up to $100 billion from Gulf investors, including senior figures in the United Arab Emirates, to fund a new wave of AI investments, the Financial Times reported on Friday. SoftBank would use the proceeds to establish a fund that acquires companies and improves their operations using AI and other advanced technologies. SoftBank did not comment yet.
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