"The next stage of the Information Revolution is under way, and building the businesses that will make this possible will require unprecedented large-scale, long-term investment," the Softbank Vision Fund said in a statement.
In addition to Softbank and Saudi Arabia's Public Investment Fund, the new fund's investors include Abu Dhabi's Mubadala Investment, which has committed $15 billion, and Apple Inc. (Reporting by Andrew Torchia; Editing by Dale Hudson)
GLOBALES: Softbank-Saudi tech fund becomes world's biggest with $93 bln of capital
Con InformaciÃ³n de Reuters
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