SoftBank seeks up to $100 billion from Gulf investors for its AI acquisition fund
2026-10-10 07:32:59
According to CoinMeta, SoftBank CEO Masayoshi Son plans to raise approximately $100 billion from Gulf investors to acquire companies and use artificial intelligence to enhance their performance. If the new fund is successful, SoftBank will no longer invest in companies developing AI technology, but will focus on implementing this technology within existing companies. Currently, the fundraising has not been confirmed. The fund will acquire operating companies and use AI to improve their performance, which is different from SoftBank's past investments in AI models, chips, and data centers. At present, SoftBank's investment in OpenAI has reached $64.6 billion, accounting for about 13% of its shares.
Source:Cryptopolitan
This content is for market information only and does not constitute investment advice.
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