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VOL. I·NO. 01
SATURDAY, OCTOBER 10, 2026
  1. 001Channel News AsiaOCT · 09English

    Softbank seeks $100 billion from Gulf investors, FT reports

    SoftBank Group CEO Masayoshi Son is seeking up to $100 billion from Gulf investors, particularly in the UAE, to fund AI investments. The move follows the company's $30 billion investment in OpenAI and an $11.1 billion bond sale, with proceeds intended to establish a fund acquiring and improving companies through AI and advanced technologies.