SoftBank boss follows Trump to Saudi to launch $100 billion fund | Reuters


His appearance in the Saudi capital and the expected launch of the $100 billion Vision Fund coincide with Trump’s official visit to the kingdom, one leg of a presidential trip that also includes Israel, Belgium and Italy.

Masayoshi Son describes the fund as essential for setting up SoftBank for a data “gold rush” which he expects to happen as the global economy becomes increasingly digitized.

Source: SoftBank boss follows Trump to Saudi to launch $100 billion fund | Reuters

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