5 years ago

Softbank established Vision Fund II with an investment of US$108 billion to invite giant companies to participate

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softbank vision fund

Softbank Group announced the establishment of Vision Fund II, which has entered into a memorandum of understanding between companies such as Apple and Microsoft, with an investment of US$108 billion.

Reuters quoted Softbank as saying that the company’s own investment amounted to $38 billion, and other companies would join, and it is expected to include Hon Hai Precision, as well as Japan’s three major banks, Mitsubishi UFJ Finance, Sumitomo Mitsui Finance and Mizuho, ​​and Kazakh. National investment company under the central bank.

The Wall Street Journal pointed out that Goldman Sachs will also join.

Based on the above list, investors in Vision Fund II are more diversified than the first period.

Investment in technology-led companies that lead the market

Sanford C. Bernstein analyst Chris Lane pointed out that when investing in the vision fund two years ago, it failed to prove that the concept would be successful. In the past two years, we can see that the risk of Vision Fund II has been greatly reduced.

The goal of Vision Fund II is to accelerate the artificial intelligence (AI) revolution by investing in technology-growth companies that lead the market.

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