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softbank: Softbank seeks $100 billion from Gulf investors to expand AI bet


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Softbank Group CEO Masayoshi Son is seeking to raise up to $100 billion from Gulf investors, the Financial Times reported on Friday, citing people familiar with the matter. Son has

Image for Softbank seeks $100 billion from Gulf investors to expand AI betAP
SoftBank turns to bond markets to fund its OpenAI investment.
Softbank Group CEO Masayoshi Son is seeking to raise up to $100 billion from Gulf investors, the Financial Times reported on Friday, citing people familiar with the matter.

Son has held discussions in recent weeks with senior figures, including in the United Arab Emirates, over the possible fundraising, the FT added.

Reuters couldn’t immediately verify the report. Softbank did not respond to request for comment.

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