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SoftBank Group Corp. seeks to raise as much as $100 billion from Gulf investors to help it amp up its bets on AI, the Financial Times said. Founder Masayoshi Son has held initial talks with investors including in the United Arab Emirates, the newspaper said citing people familiar with the matter.
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Summary by ByteBrief

SoftBank seeks $100bn from Gulf investors to expand AI bet

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)

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