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Friday, October 9, 2026

SoftBank seeks $100B from Gulf investors for AI: report

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SoftBank headquarters in Silicon Valley
  • SoftBank Group (SFTBY) CEO Masayoshi Son ​is seeking to raise up to $100B from Gulf investors to fund a new wave of AI investments, the Financial Times ​reported on Friday.
  • Son has held discussions in ⁠recent weeks with senior figures, including ​in the United Arab Emirates, about the ​potential fundraising, the report said.
  • SoftBank also raised $11.1B last month ​in ⁠the largest high-yield corporate bond sale globally to fund its mammoth ​bet on OpenAI (OPENAI).
  • SoftBank shares fell around 4% in Tokyo trading.

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