- Along with news of Apple's involvement at a $1B level (NASDAQ:AAPL), the Financial Times notes Oracle (NYSE:ORCL) founder Larry Ellison's family office, Qualcomm (NASDAQ:QCOM) [as prior believed] and Foxconn (OTC:FXCOF) are confirmed to have committed as well, though at unspecified degrees.
- The broad participation is said to have SoftBank Group's (OTCPK:SFTBY +2.7%) Vision Fund at its $100B target well ahead of schedule, with capacity for further investment to remain flexible until the end of this month as demand for inclusion is cited to be robust.
- Regarding the investment vehicle's strategy, deals involving technology companies focused on artificial intelligence, robotics and IoT are considered as top priority.
- Related: Bloomberg: Qatar considers joining SoftBank's $100B tech fund / SoftBank targeting large-scale acquisitions through investment fund / Bloomberg: Abu Dhabi investor eyes joining SoftBank technology fund