Talking Tech: A Look at New and Old Funds

The Vision Fund 2, despite having $6.5 billion for new investments, faced a $5 billion loss in the December quarter due to declining valuations in private startups. This marked its fourth consecutive quarter of losses. Meanwhile, the Abu Dhabi-based AI company G42 is expanding globally by hiring in cities like Singapore, Jakarta, Shanghai, and Tel Aviv. They are scouting for opportunities for a $10 billion tech fund, targeting technology investments in these regions as well as in Saudi Arabia and Egypt.

What is the current available capital for Vision Fund 2 according to the text?

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How much value did Softbank's marquee funds lose in the December quarter?

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What was the impact of slumping valuations on private startups as mentioned in the text?

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Which AI company is mentioned in the text and where is it based?

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What regions is the new $10 billion tech fund targeting for investments?

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