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moves money Tech-Economic Times October 09, 2026

SoftBank seeks $100 billion from Gulf states for AI

SoftBank seeks $100 billion from Gulf states for AI
AI Summary

is in discussions to raise up to $100 billion from Gulf investors for future AI investments. Founder Masayoshi Son has initiated talks with potential investors in the United Arab Emirates and surrounding regions. This proposed fund aims to enhance operations using AI technologies and robots from SoftBank's robotics arm Roze.

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