FILE - In this June 6, 2014 file photo, humanoid robot Pepper is on display at SoftBank mobile shop in Tokyo. Japanese mobile carrier Softbank said Tuesday, Feb. 10, 2015 it will incorporate artificial intelligence technology from IBM into its empathetic robot Pepper that goes on sale in Japan this month. (AP Photo/Koji Sasahara, File)

SoftBank, which already runs the largest tech investment fund, wants a new one that’s double the size

$200 billion

SoftBank already controls a $100 billion tech investment fund—now it wants one twice as large.

Published   |  Photo by AP Photo/Koji Sasahara
FILE - In this June 6, 2014 file photo, humanoid robot Pepper is on display at SoftBank mobile shop in Tokyo. Japanese mobile carrier Softbank said Tuesday, Feb. 10, 2015 it will incorporate artificial intelligence technology from IBM into its empathetic robot Pepper that goes on sale in Japan this month. (AP Photo/Koji Sasahara, File)
$200 billion

The investors in SoftBank’s Vision Fund include the Saudi government and Apple. It has stakes in dozens of tech startups, focusing on the world-changing power of robots.

FILE - In this June 6, 2014 file photo, humanoid robot Pepper is on display at SoftBank mobile shop in Tokyo. Japanese mobile carrier Softbank said Tuesday, Feb. 10, 2015 it will incorporate artificial intelligence technology from IBM into its empathetic robot Pepper that goes on sale in Japan this month. (AP Photo/Koji Sasahara, File)
$200 billion

The entire VC tech industry invested about $100 billion across 8,370 deals in 2016. The Vision Fund concentrates that same amount of money in just one spot.

FILE - In this June 6, 2014 file photo, humanoid robot Pepper is on display at SoftBank mobile shop in Tokyo. Japanese mobile carrier Softbank said Tuesday, Feb. 10, 2015 it will incorporate artificial intelligence technology from IBM into its empathetic robot Pepper that goes on sale in Japan this month. (AP Photo/Koji Sasahara, File)
$200 billion

CEO Masayoshi Son has so far used the Vision Fund to invest in the messaging platform Slack, the artificial intelligence firm Brain Corp, and the vertical farming company Plenty.

FILE - In this June 6, 2014 file photo, humanoid robot Pepper is on display at SoftBank mobile shop in Tokyo. Japanese mobile carrier Softbank said Tuesday, Feb. 10, 2015 it will incorporate artificial intelligence technology from IBM into its empathetic robot Pepper that goes on sale in Japan this month. (AP Photo/Koji Sasahara, File)
$200 billion

Son expects the fund to run out of money in just two years, and eventually wants to build SoftBank’s funding capability to up to ¥100 trillion ($8.8 trillion).

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