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

SoftBank is seeking up to $100bn from Gulf investors to expand its strategic bet on AI. Founder and chief executive Masayoshi Son has conducted talks with senior figures in the UAE during recent weeks to secure this funding. According to reports from the FT, the Japanese conglomerate aims to leverage these significant investments from the Gulf region to accelerate its growth and capabilities within the artificial intelligence sector on a global scale.