Man with a vision: Masayoshi Son seeks to accelerate his financing of cutting-edge technologies and startups by setting up huge investment funds. – Bloomberg
LONDON: SoftBank Group Corp and Saudi Arabia formally announced the first round of capital commitments for the largest-ever technology investment fund, as founder Masayoshi Son seeks to accelerate his financing of cutting-edge technologies and startups.
More than US$93bil has been secured from backers led by the Japanese company and Saudi Arabia’s Public Investment Fund, SoftBank said in a statement on Saturday.
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