China VC/Tech Weekly Roundup: SoftBank Unveils $108B Second Vision Fund, China Closes $29B ‘Big Fund II’
In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of July 22 to July 26, with Eudora Wang sitting in for Nina Xiang in Hong Kong. Topics covered include SoftBank launched "SoftBank Vision Fund 2" to raise US$108 billion to facilitate the continued acceleration of the artificial intelligence (AI) revolution, China collected about RMB200 billion (US$29.08 billion) for "Big Fund II" to back homegrown chip developers, and Chinese ride-hailing giant Didi Chuxing secured a US$600 million investment from Toyota. Be sure to subscribe to China Money Podcast for free in the iTunes store, or subscribe to our weekly newsletter.