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Softbank seeks $100 billion from Gulf investors to expand AI bet

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Softbank seeks $100 billion from Gulf investors to expand AI bet

Business News Tech AI Softbank seeks $100 billion from Gulf investors to expand AI bet

Softbank Group CEO Masayoshi Son is seeking to raise up to $100 billion from Gulf investors, the Financial Times reported on Friday, citing people familiar with the matter. Son has

Softbank Group CEO Masayoshi Son is seeking to raise up to $100 billion from Gulf investors, the Financial Times reported on Friday, citing people familiar with the matter. Son has held discussions in recent weeks with senior figures, including in the United Arab Emirates, over the possible fundraising, the FT added. Reuters couldn't immediately verify the report. Softbank did not respond to request for comment.

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