Deepcore, SoftBank's AI investment subsidiary, is planning to raise a second fund that will be larger in size than the $55m vehicle it launched a year ago.

Deepcore, the artificial intelligence-focused fund owned by Japan-based telecommunications conglomerate SoftBank, is looking to raise more than ¥6bn ($55m) for its second fund, Bloomberg reported on Monday. The firm plans to launch the fund in the next three years, with investments to be targeted at seed and early-stage AI startups in Japan, chief executive Katsumasa…

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