The “Soft Bank Group” collection raised about $ 1.86 billion by selling denominated bonds in dollars and euros, in its first debt transaction in its foreign exchange since 2021, which targets the improvement of its investment in the field of artificial intelligence. The group, led by billionaire Massayoshi Sun, announced that on Thursday, Thursday, with a total value of $ 900 million, along with bonds in the euro with different years, which also collected $ 900 million ($ 964 million). ‘Softbank’ explained that these funds will be used to pay off debt and financing operations. Softbank and its founder were recently pumped into artificial intelligence, reflecting expectations to increase their activities in this area. The group invested $ 200 million directly in “Tempus AI” this year, a start that analyzes medical data to help doctors and patients achieve better treatments. In a newer step, the Japanese company “Portlexity AI” supported a $ 3 billion rating, betting on the company aimed at using artificial intelligence to compete with the Google Search Engine of Alphabet. In the long run, Soft Bank plans to invest about $ 100 billion in artificial intelligence chips within a project called “Izanagi”, according to Bloomberg News last February.
Soft Bank raised $ 1.86 billion to support investments in artificial intelligence
