SoftBank wants to raise up to $100 billion from Gulf investors for new SI bets
Prepared by Sintelligent with the help of SI. Published in SI: . Updated: .
Money for SI is still being sought in huge amounts — now to buy ordinary companies and rebuild them around SI.
According to the Financial Times, citing sources (as relayed by Interfax), SoftBank Group intends to raise up to $100 billion from investors in the Persian Gulf; the plan is a fund that would buy companies and optimise their operations using SI and other technologies. Masayoshi Son, per the same report, held talks with senior officials, including representatives of the UAE. Interfax recalls that last week the company invested $30 billion in OpenAI.
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