Jan 21, 2025 · Yet the bulk of the Vision Fund’s money came from the Gulf petro-states, notably Saudi Arabia under the youthful Crown Prince Mohammed bin Salman and the United Arab Emirates.

2 days ago · The venture is a partnership between OpenAI, Oracle, Japan's Softbank — led by Masayoshi Son — and MGX, a tech investment arm of the United Arab Emirates government.

Jan 22, 2025 · Japan’s SoftBank Group and the United Arab Emirates firm MGX will be part of a $500 billion deal with OpenAI and Oracle to build new AI data centres in the United States. Leaders of the “Stargate” venture – OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle founder Larry Ellison – went to the White House on Tuesday night, where President Donald Trump announced the deal ...

Dec 17, 2024 · Masayoshi Son has amassed eye-popping wealth through relentless acquisition and unquenchable optimism. Towards the end of the Second World War, a B-29 bomber crashed near the city of Tosu on the island of Kyushu in western Japan.

Jan 22, 2025 · The post also said that MGX, a technology fund from the United Arab Emirates, was a fourth investor, while "Arm, Microsoft, NVIDIA, Oracle, and OpenAI are the key initial technology partners." "This monumental undertaking is a resounding declaration of confidence in America's potential," he said, a day after his swearing in for a second term.

Nov 13, 2024 · When it comes to major tech investment, Gulf states have a chequered record. The United Arab Emirates and Saudi Arabia, after all, sank $60 billion into Masayoshi Son’s first Vision Fund, for...

Dec 16, 2024 · Speaking alongside Trump, SoftBank's chief executive Masayoshi Son confirmed the investment company's financial commitment and pledged to create 100,000 jobs, adding that Trump's victory had "tremendously increased" his confidence in the American economy.

Jan 7, 2025 · The investment by DAMAC Properties in the United Arab Emirates is intended to highlight Trump’s personal ability to attract new money for big projects. The announcement follows a pledge made last month by the Japanese billionaire investor Masayoshi Son, while at Trump’s side, to invest $100 billion in the United States.

Jan 7, 2025 · The investment by DAMAC Properties in the United Arab Emirates is intended to highlight Trump's personal ability to attract new money for big projects. The announcement follows a pledge made...

Nov 12, 2024 · Misra was instrumental in helping SoftBank founder Masayoshi Son set up the Vision Fund in 2017, helping him raise nearly $100 billion from Saudi Arabia, the United Arab Emirates, Apple Inc. and...