The Turichron

Morning brief, Oct 9

SoftBank seeks up to $100 billion from Gulf investors, per the FT

The Financial Times, citing people familiar with the talks, says Masayoshi Son wants a fund to acquire companies and improve their operations with AI; the talks may not succeed.

ThereforeGulf financing could help sustain Son's investment plans as investors reassess SoftBank's AI exposure.

Financial Times

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