{"id":57594,"date":"2017-05-22T03:22:27","date_gmt":"2017-05-22T10:22:27","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2017\/05\/softbank-saudis-launch-100-billion-tech-fund"},"modified":"2017-05-23T15:00:26","modified_gmt":"2017-05-23T22:00:26","slug":"softbank-saudis-launch-100-billion-tech-fund","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2017\/05\/softbank-saudis-launch-100-billion-tech-fund","title":{"rendered":"SoftBank, Saudis Launch $100 Billion Tech Fund"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/softbank-saudis-launch-100-billion-tech-fund.jpg\"><\/a><\/p>\n<p>Ahead of the fund\u2019s launch on Saturday, Mr. Son said it would focus on investing in sectors including artificial intelligence, smart devices and semiconductors. \u201cWe already have lots in the pipeline,\u201d he said. \u201cWe are investing into genome sequencing. We are investing in virtual-reality simulations, the games, and so on.\u201d<\/p>\n<hr>\n<p>Japan\u2019s SoftBank Group and Saudi Arabia\u2019s sovereign-wealth fund on Saturday launched the world\u2019s largest technology fund, a nearly $100 billion vehicle that will steer capital to cutting-edge technologies in U.S. startups and other global firms.<\/p>\n<p>In a statement, SoftBank said the fund secured $93 billion of committed capital. The so-called SoftBank Vision Fund is targeting a total of $100 billion within 6 months. The fund\u2019s creation coincides with U.S. President Donald Trump\u2019s two-day visit to Saudi Arabia, where he is\u2026<\/p>\n<p>To Read the Full Story.<\/p>\n<p><!-- Link: <a href=\"https:\/\/www.wsj.com\/articles\/softbank-saudis-to-launch-100-billion-tech-fund-1495270854?mod=e2fb\">https:\/\/www.wsj.com\/articles\/softbank-saudis-to-launch-100-b...4?mod=e2fb<\/a> --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ahead of the fund\u2019s launch on Saturday, Mr. Son said it would focus on investing in sectors including artificial intelligence, smart devices and semiconductors. \u201cWe already have lots in the pipeline,\u201d he said. \u201cWe are investing into genome sequencing. We are investing in virtual-reality simulations, the games, and so on.\u201d Japan\u2019s SoftBank Group and Saudi [\u2026]<\/p>\n","protected":false},"author":417,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,6,1879],"tags":[],"class_list":["post-57594","post","type-post","status-publish","format-standard","hentry","category-biotech-medical","category-robotics-ai","category-virtual-reality"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/57594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/417"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=57594"}],"version-history":[{"count":1,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/57594\/revisions"}],"predecessor-version":[{"id":57665,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/57594\/revisions\/57665"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=57594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=57594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=57594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}