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

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

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.