The SoftBank group plans to lend up to $20bn to allow employees to invest in its new technology fund, Vision II. It has been reported that Chief Executive Masayoshi Son may account for up to $15bn of the money to be lent.
The new fund is expected to focus on AI and investments are anticipated within the next few months.
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Japan's SoftBank Group Corp is planning to lend up to $20 billion to its employees, including Chief Executive Masayoshi Son, to buy stakes in its second Vision Fund