SoftBank seeks $100bn from Gulf investors for AI expansion
Summarised from 2 outlets · Updated 9 Oct, 13:07 · Archive
SoftBank is seeking $100bn from Gulf investors to expand its artificial intelligence operations.
SoftBank founder and chief executive Masayoshi Son has held early talks with senior figures in the United Arab Emirates and other Gulf investors in recent weeks about raising $100bn to expand the company's artificial intelligence operations.
The funding would support SoftBank's growing focus on AI, as Son seeks to secure capital from Gulf states for the initiative.
How it is being reported
- SoftBank seeks $100 billion from Gulf states for AI, FT saysFounder Masayoshi Son has held early talks with potential investors including those in the United Arab Emirates, the newspaper said.The Japan Times · 9 Oct, 09:37
- SoftBank seeks $100bn from Gulf investors to expand AI betFounder and chief executive Masayoshi Son has held talks with senior figures in the UAE in recent weeksFinancial Times · 9 Oct, 05:30
In this story: SoftBank · Masayoshi Son · United Arab Emirates
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