The company did this already with its 2017 investment in China's Didi Chuxing. Here’s an overview of Son and SoftBank’s ties to Saudi Arabia — and their potential risks. Saudi Arabia is investing another $45 billion in SoftBank's second Vision Fund, Bloomberg reported over the weekend.

The Softbank Vision Fund was unveiled less than a year ago, backed by Saudi Arabia and Japan’s SoftBank.

However, SoftBank Group Corp.’s founder Masayoshi Son is among the few who haven’t. The SoftBank Vision Fund could carve out Saudi capital while continuing to invest the remainder of its money. Now, SoftBank is raising funds for its second Vision Fund, but its reputation has been marred by some of its investments — most notably WeWork. By May it had raised $93 billion, out of a planned $100 billion, to spend on technology… SoftBank and Saudi Arabia Team Up for $100 Billion Tech Fund Partnership combines deep pockets with one of the world’s most ambitious tech investors Visit Business Insider's homepage for more stories.