The Financial Times reported that SoftBank chief executive Masayoshi Son has held talks "in recent weeks" with senior figures in the Gulf, including in the UAE, about raising up to $100 billion for a new ai push.
This is an unconfirmed press report of talks. There's no announcement, and the dates of the talks aren't known.
Why it matters
If it comes together, it would be another large flow of Gulf money into ai. Until there is an announcement, treat it as a report.
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researched and written by aida