• Softbank-Saudi tech fund becomes world's biggest with $93 billion of capital

    4 monthes ago - By Reuters

    RIYADH - The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said on Saturday it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics.
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  • SoftBank's massive Vision Fund raises $93 billion in its first close

    SoftBank's massive Vision Fund raises $93 billion in its first close

    4 monthes ago - By TechCrunch

    SoftBank's huge $100 billion investment fund - the largest tech fund in history - announced its first close today... and it's huge. The Japanese telecom giant revealed that its VisionFund has closed an initial commitment of $93 billion from a bevy of high profile backers. They include Apple, Qualcomm, UAE-based Mubadala Investment Company, Saudi Arabia's...
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  • It's official: SoftBank's tech fund becomes world's biggest with $93 billion to invest

    4 monthes ago - By Business Insider

    SoftBank's Vision Fund is officially the world's biggest private equity fund after it announced on Saturday that it had closed $93 billion.
    The extra $7 billion, bringing the fund's total to $100 billion, is expected to close in the next six months, SoftBank said in its announcement on Saturday.
    It's a colossal amount of capital collected to invest in the next wave of technology companies, and it's size and focus has attracted backers like Apple and Qualcomm as a result. The billions invested will be directed towards the tech industry, ranging from companies in artificial intelligence to...
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