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

RIYADH, May 20 (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.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News