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SoftBank's Son declares second $100bn tech fund will launch soon

Vision Fund drives profits but Uber IPO and Sprint merger spark jitters

SoftBank Group Chairman and CEO Masayoshi Son shares his plan for a new fund in Tokyo on May 9. (Photo by Ken Kobayashi)

TOKYO -- SoftBank Group CEO Masayoshi Son on Thursday unveiled plans to establish a second $100 billion investment fund "in the near future," confirming his determination to double down on his international spending spree.

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