SoftBank said to commit $40b to the second Vision Fund

SoftBank said to commit $40b to the second Vision Fund

Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank Corp., right, waves and shakes hands with a human-like robot called Pepper, developed by the company's Aldebaran Robotics unit, during a news conference in Urayasu, Chiba Prefecture, Japan, on Thursday, June 5, 2014. SoftBank plans to sell interactive robots for households from February next year. Photographer: Tomohiro Ohsumi/Bloomberg Photo by Bloomberg

Tech conglomerate SoftBank Group Corp will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported on Wednesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter