Der erste Vision Fund war bereits eine Bombe, jetzt kommt, wie angekündigt, der zweite Vision Fund von Softbank.
The Japanese conglomerate will commit $38 billion to Vision Fund 2 with the goal of raising a total of $108 billion, SoftBank said in a statement Friday. Apple Inc., Microsoft Corp., sovereign wealth fund of Kazakhstan and a number of Japanese finance companies are also expected to contribute capital, SoftBank said.
Son is aiming to raise a new massive fund every two or three years to take advantage of opportunities to invest in cutting-edge technologies such as artificial intelligence and autonomous driving. SoftBank in June disclosed that the Vision Fund has earned 62% returns so far after making 71 investments for a total of $64.2 billion.
Other companies expected to participate in the fund include Foxconn Technology Group, Mizuho Bank, Sumitomo Mitsui Banking Corp, and MUFG Bank Ltd, the company said.