SoftBank seeks $100 billion for an AI-focused transformation fund
SoftBank founder Masayoshi Son is seeking up to $100 billion from Gulf investors for a fund that would acquire companies and upgrade their operations with AI and robotics. According to the Financial Times, Son approached influential Middle Eastern investors, including senior figures in the UAE, in recent weeks. SoftBank's robotics and physical AI unit Roze is expected to play a major role, with a