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SoftBank's Son seeks $100B fund to drive AI adoption in traditional businesses

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Masayoshi Son, the founder of SoftBank, is aiming to raise $100 billion for a new investment fund. The fund will target established, traditional companies that lag in automation. Its goal is to leverage artificial intelligence to improve these firms' operations. This marks a strategic shift from SoftBank's historical focus on early-stage technology startups. The capital is being sought primarily from investors in the Gulf region.

Read the full story at Times of India

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SoftBank's Son seeks $100B fund to drive AI adoption in traditional businesses · ShortSingh