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SoftBank's Masayoshi Son seeks $100 billion from Gulf investors for AI bets

Original: SoftBank Group CEO Masayoshi Son is looking to raise up to $100 billion from Gulf investors to finance his AI investment

SoftBank Group CEO Masayoshi Son is seeking to raise up to $100 billion from investors in the Gulf to fund his artificial intelligence investments, according to a report by The Information. The move would mark one of the largest fundraising efforts tied to AI and signals Son's continued push to position SoftBank at the center of the AI boom, following earlier large bets on technology startups and chips.

Why now: The reported scale of the fundraising makes it a major development in the global race to finance AI.

Masayoshi SonSoftBank GroupGulf investorsThe Information

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• SoftBank Group CEO Masayoshi Son is looking to raise up to $100 billion from Gulf investors to finance his AI investments. Source: The Information https://www. theinformation.com/briefings/s oftbanks-son-seeks-100-billion-gulf-investors-ai-bets # Startups · sipirtu · 2

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