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Just in time for tonight’s CIO Council Round Table on AI, Machine Learning RPA, comes this interesting article.

The world’s biggest tech fund backed by Japan’s SoftBank Group has raised $93bn which it intends to plough into AI and robotics. The SoftBank Vision Fund was first announced last year and its backers now include the Mubadala Investment Company of the United Arab Emirates, Apple, Foxconn, Qualcomm and Sharp.

Note: CIO Council Round Table on AI, Machine Learning & RPA – There are only a few seats left, so if you are the CIO, or senior most IT manger of your company, and would like an invitation to tonight’s event, please email steve@e2marketing.cc.

Telecommunications and tech investment group SoftBank, which acquired UK chip designer ARM for £24bn last year, holds a maximum of $28bn in the fund. It said the fund was established because SoftBank believes the next stage of the Information Revolution is under way, “building the businesses that will make this possible will require unprecedented large scale long-term investment”.

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