"The objective of the fund is to facilitate the continued acceleration of the AI revolution through investment in market-leading, tech-enabled growth companies," the Japanese tech conglomerate said in a statement, adding it was still talking to more potential investors and that the fund was expected to grow.
SAN FRANCISCO: As private companies, Uber Technologies Inc and Lyft Inc became markets unto themselves, where investors poured in capital and traded stakes worth billions of dollars.
Since both companies filed paperwork confidentially Thursday for an initial public offering (IPO), several investors are poised to cash in on their bets next year in a big way.
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