AIFinancial Times1h ago
SoftBank is seeking to raise up to $100B from Gulf investors for a fund
Sources: SoftBank is seeking to raise up to $100B from Gulf investors for a fund to buy companies and improve their operations with AI and other advanced tech
TL;DRSoftBank is trying to raise $100B from Gulf investors for AI-focused acquisitions.
Why it matters: Success signals major capital flow toward AI infrastructure and could reshape tech M&A landscape.
Founder and chief executive Masayoshi Son has held talks with senior figures in the UAE in recent weeks
Read full articleSource: Financial Times · Opens in new tab