SoftBank seeks $100B from Gulf investors to supercharge its AI bet
mikhael · hn · 2026-10-09
Per the Financial Times, SoftBank is courting Gulf investors to raise roughly $100 billion to expand its AI investments, following its earlier Stargate commitments. The scale means the plan would likely need participation from multiple Middle East sovereign funds, underscoring how capital-hungry the AI race has become and doubling down on Masayoshi Son's AGI-first strategy.
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