SoftBank Group is now increasingly becoming an investment firm, taking stakes in leading tech start-ups from Uber to WeWork through its first Vision Fund, which was largely backed by Saudi Arabia. – AFP pic, July 26, 2019.
JAPAN’S SoftBank Group today announced the successor to its blockbuster Vision Fund, a new US$108-billion vehicle with backing from banks and tech firms that it said would accelerate the “AI revolution”. SoftBank Group itself will plough US$38 billion into the fund, which will also include investments from Apple, Microsoft, Foxconn, a range of Japanese banks, Standard Chartered, and the National Bank of Kazakhstan.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
One of the good bank. Help start up !
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: msianinsight - 🏆 8. / 63 Read more »