Uber CEO Dara Khosrowshahi tells CNBC that SoftBank is a 'good actor in this marketplace' as the Japanese conglomerate rolls out Vision Fund 2.
, contributing $38 billion of its own money. The fund is expected to total $108 billion and will invest in technology companies working with artificial intelligence.
"The eats market continues to be very competitive," Khosrowshahi said. "There's a lot of capital coming into the category, because it's growing, and I think eats is going to be a battle this year and next year." "They know everybody, they understand the markets, and I'm very, very happy to have them as an investor, and I consider Softbank a very good actor in this marketplace. They're going to put money against the markets, but that's going to expand the markets, and we have been one of the cheap beneficiaries of that," Khosrowshahi said.
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