​Apple to invest $1B in SoftBank's tech fund

Apple has said it will invest $1 billion in one of the world's biggest future-tech funds.

The iPhone-maker confirmed Wednesday that it plans to invest the money in the SoftBank Vision Fund, according to The Wall Street Journal. The investment fund, created by Japanese telecommunications giant SoftBank Group, is scheduled to launch in the next few weeks with a focus on emerging technologies.
 
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