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

- 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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