AI Is Hot and SoftBank’s New Tech Megafund Offers Cash to Burn

Vision Fund 2 is targeted to be more than five times the $20 billion raised by privately backed AI companies globally in 2018

SoftBank Group Corp. 9984 -2.86% ’s plans for a second technology megafund focused on artificial-intelligence startups is poised to flood an already-hyped sector with more cash as skepticism mounts about investor exuberance for such companies.
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