Industry & Investment• AI-generatedSoftBank seeks up to $100B from Gulf investors for AI push
SoftBank Group founder Masayoshi Son is seeking to raise as much as $100 billion from Gulf investors to expand his AI bets, the Financial Times reported. Son has held talks in recent weeks with senior figures in the United Arab Emirates and elsewhere in the region, and plans to put the money into a new fund that would buy traditional or tech companies and revamp their operations using advanced AI and other technology. SoftBank has not publicly confirmed the fundraising plan. Why it matters: If completed, it would be one of the largest AI-related fundraises yet, underscoring how closely Gulf sovereign capital is now tied to AI investment — though the talks are still at an early, reported stage. What do you think?
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