SoftBank's Son defends Vision Fund investments at Saudi conference

SoftBank's Son defends Vision Fund investments at Saudi conference

SoftBank Group CEO Masayoshi Son speaks at Future Investment Initiative 2019. Photo: Future Investment Initiative

SoftBank Group CEO Masayoshi Son on Wednesday defended his strategy of placing long-term bets on artificial intelligence, after U.S. office-sharing startup WeWork’s aborted IPO stirred doubts about his $100 billion Vision Fund.