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Cash-rich SoftBank eyes more AI bets for strategic growth
- SoftBank Group is doubling down on artificial intelligence investments.
- SoftBank's Vision Fund 2 committed $500 million to OpenAI, focusing on generative AI.
- The company seeks transformative AI-driven companies with product-market fit and sustainable business models.
- SoftBank's Vision Fund 2 portfolio has seen positive returns with IPOs from companies like Ola Electric and FirstCry.
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