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Saturday, May 20, 2017

Softbank-Saudi tech fund becomes world's biggest with $93 billion of capital

RIYADH (Reuters) - The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said on Saturday it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics.


from Reuters: Technology News http://ift.tt/2pWYxAc

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