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SoftBank creates ‘AI revolution’ fund without Saudi cash

SoftBank has apparently dropped Saudi Arabia as an investor for its new fund after the assassination of journalist Jamal Khashoggi. It has vowed to accelerate the “AI revolution” through investment in leading companies. Japan-based SoftBank...

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SoftBank-led group seals deal to buy massive stake in Uber

A consortium led by Japan’s SoftBank will buy a large number of shares of ride-hailing firm Uber, after shareholders elected to sell their shares, handing new Uber CEO Dara Khosrowshahi a major victory. The SoftBank...