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 reported, citing people familiar with the matter.
Founder Masayoshi Son has held early talks with potential investors including those in the United Arab Emirates, the newspaper said. The proposed fund would buy companies and use AI and machines, including from SoftBank’s robotics arm Roze, to improve operations, the FT said.
