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The Japanese conglomerate SoftBank shook the tech and investment landscape over the last two years with its $100-billion Vision Fund. This week, SoftBank announced Vision Fund 2, which aims to raise $108 billion. Previously, a good-sized venture fund was less than a quarter of that amount — maybe $200 million tops. This fund could have a huge impact on the direction of future technology. It’s focused on artificial intelligence and data analysis, and of course, it’s making waves in venture capital all over again.
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The Japanese conglomerate SoftBank shook the tech and investment landscape over the last two years with its $100-billion Vision Fund. This week, SoftBank announced Vision Fund 2, which aims to raise $108 billion. Previously, a good-sized venture fund was less than a quarter of that amount — maybe $200 million tops. This fund could have a huge impact on the direction of future technology. It’s focused on artificial intelligence and data analysis, and of course, it’s making waves in venture capital all over again.
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