UPDATE 1-Abu Dhabi's Mubadala partners Softbank for 15 to 16 technology investments:
"Abu Dhabi state investor Mubadala has made 15 to 16 investments in technology firms as part of a partnership with SoftBank Group of Japan, deputy group chief executive Waleed al-Muhairi told a conference in Abu Dhabi on Monday.
Mubadala has committed $15 billion to SoftBank’s $93 billion private equity fund, the SoftBank Vision Fund, which has also raised money from Saudi Arabia’s main sovereign wealth fund and other investors.
“We have done 15 to 16 different investments today, mostly centred in Silicon Valley,” Muhairi said, adding that areas of investment included artificial intelligence and biotechnology."
'via Blog this'
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