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SoftBank seeks to raise up to $100 billion to ramp up large-scale AI investments.

Oct 9, 12:58

October 9 - According to informed sources, SoftBank founder Masayoshi Son is seeking to raise up to $100 billion from Gulf investors to ramp up his large-scale AI investments. Son has held discussions with several high-level figures in recent weeks, including relevant individuals in the UAE. SoftBank may use this financing to establish a fund, acquire other companies, and subsequently transform their operations using AI.