Sources: SoftBank is seeking to raise up to $100B from Gulf investors for a fund to buy companies and improve their operations with AI and other advanced tech (Financial Times)
SoftBank wants Gulf capital behind a new AI operations playbook.
The fund would seek up to $100B from Gulf investors, according to the Financial Times item noted by Techmeme's note. Its mandate would be to buy companies and improve how they run using AI and other advanced technology. The note does not give further terms, targets, or investor names.
The fund would seek up to $100B from Gulf investors, according to the Financial Times item noted by Techmeme's note. Its mandate would be to buy companies and improve how they run using AI and other advanced technology. The note does not give further terms, targets, or investor names.
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