SoftBank’s $100 billion AI fund push hints at a late-stage boom

Masayoshi Son is reportedly courting Gulf investors for a fund that would buy established companies and retrofit them with AI Masayoshi Son wants another $100 billion. If that number sounds familiar, it should. The SoftBank Group CEO is in preliminary talks with senior officials from Gulf nations, particularly the United Arab Emirates, to raise up to $100 billion for a new artificial intelligence fund, according to an October 9, 2026 report from the Financial Times. Bloomberg framed the ambition as a signal that the AI boom has entered its late stage.

Source: Crypto Briefing