Apple May Invest in $100 Billion SoftBank Fund

December 13, 2016 | | Comments 0

Apple has held talks about investing in a $100 billion technology fund that SoftBank aims to launch next year, according to a person with knowledge of the discussions.

Apple may contribute as much as $1 billion to the fund, which would give the company insight into up-and-coming technologies.

Apple invested $1 billion in May in Chinese ride-hailing company Didi Chuxing. The deals would mark a shift in strategy for the iPhone maker, which has largely concentrated on acquiring startups valued at less than $1 billion.

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