The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← SoftBank

Capital · deployed

directs ~$150-160B — Vision Fund 1 ~$100B raised / ~$134B AUM (Jun-2023) + VF2 ~$30B + ~$40B OpenAI + owns 87.1% of Arm

high confidence · as of 2026-07-26 · about SoftBank

Sourced figures 2


the working

Threads 6

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