SoftBank seeks Gulf region funding to expand artificial intelligence investments

On October 9, according to the UK's Financial Times, insiders revealed that SoftBank founder Masayoshi Son is seeking to raise up to $100 billion from Gulf investors to expand his large-scale AI investments. Over the past few weeks, Son has held discussions with multiple senior executives, including those in the UAE. SoftBank may use this financing to establish a fund, acquire other companies, and subsequently leverage artificial intelligence to transform their operations. (Jin10)