Which tech giants are partnering with SoftBank on its new fund?

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Apple and Microsoft are Partnering with SoftBank on its New Fund

Apple and Microsoft are among the key technology firms joining SoftBank Group in its newly announced US$108 billion investment fund. This initiative, named Vision Fund 2, is designed to accelerate the advancement of artificial intelligence. SoftBank Group itself is committing US$38 billion to the fund, underscoring its significant investment in this strategic area.
Vision Fund 2's Investment Scope

The primary objective of Vision Fund 2 is to expedite the "AI revolution" by investing in growth companies that are market leaders and leverage technology. This successor to the original Vision Fund, which previously invested in prominent tech startups, aims to identify and support companies at the forefront of technological innovation.
Diverse Investor Base

Beyond Apple and Microsoft, Vision Fund 2 has secured commitments from a variety of other significant entities. These include Foxconn, a consortium of Japanese banks, Standard Chartered, and the National Bank of Kazakstan. This broad participation highlights a widespread interest in fostering AI development through substantial financial backing.
Strategic Alignment with Microsoft

Reports indicate that SoftBank executives engaged Microsoft with the expectation that the fund's portfolio companies would transition to using Microsoft's cloud platform. This suggests a strategic alignment where the fund's investments may be influenced by opportunities to integrate with Microsoft's existing technological infrastructure.

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Which tech giants are partnering with SoftBank on its new fund?

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