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The Japanese group Softbank has invested $ 108 billion in investments in companies such as Apple, Microsoft, Foxconn and other companies in its new Vision Fund Fund 2. The value of this investment will focus on the market of artificial intelligence and the ongoing revolution in this field, The growth of technology companies …
The Japanese group Softbank has made investments of $ 108 billion from international companies, including Apple, Microsoft, Foxconn and several other companies, in its new Vision Fund 2 fund.
The value of the investment will be determined by focusing on the artificial intelligence market and the ongoing revolution in this area, thus helping to increase the growth of technology companies.
The company said in a statement that the value of business investment will go through memoranda of understanding, while Softbank will be the largest shareholder in total investment, totaling $ 38 billion.
Memoranda of Understanding will include a number of the above-mentioned companies and financial institutions, including MUFG, Japan's largest bank, Mizuho Bank, Mitsui Sumitomo Bank, Dai-ichi Life Insurance Life insurance in addition to the National Investment Company of the Bank of Kazakhstan and a number of major shareholders of Taiwan.
Vision Fund 2 did not include the Kingdom's investments
The Vision Fund 2 lacks the participation of the Kingdom of Saudi Arabia, which has played a major role in supporting the first vision fund, called Vision Softbank.
Softbank Saudi Arabia, the largest Japanese investment fund in the world in the technical field, has allowed technology to advance in several areas in recent years.
His investment tours included support from many sectors, including artificial intelligence, robotics, self-driving and participatory transportation services.
The latest of these investments was backed by Ober with $ 333 million for the development of self-driving techniques, with total support of $ 1 billion with Denso and Toyota.
For its part, Softbank said it has not closed the door to provide support for its new fund, as it is still conducting negotiations with several shareholders, which could generate a high investment value of 108 billion euros. of dollars.
The Japanese company could reach a position that has not been taken by investors regarding its impact on the entire investment sector.
Vision Fund 1 has raised $ 97 billion, which has touched large areas, with a 62% business turnover since its actual launch in 2017 and up to now.
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Softbank Vision
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