SoftBank eyes second AI venture fund of more than $55m

The SoftBank Group Corp. logo is displayed inside the lobby of a building which houses the company's headquarters in Tokyo, Japan, on Thursday, Nov. 29, 2018. Photographer: Kiyoshi Ota/Bloomberg

SoftBank Group Corp.’s early-stage venture capital arm is setting up a second investment fund dedicated to unearthing promising startups in artificial intelligence, propelling founder Masayoshi Son’s ambition of staking out a position in the nascent technology.

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