Talking Tech: A Look at New and Old Funds

The Vision Fund 2, despite having $6.5 billion for new investments, faced a $5 billion loss in the December quarter due to declining valuations in private startups. This marked its fourth consecutive quarter of losses. Meanwhile, the Abu Dhabi-based AI company G42 is expanding globally by hiring in cities like Singapore, Jakarta, Shanghai, and Tel Aviv. They are scouting for opportunities for a $10 billion tech fund, targeting technology investments in these regions as well as in Saudi Arabia and Egypt.

What is the current available capital for Vision Fund 2 according to the text?

How much value did Softbank's marquee funds lose in the December quarter?

What was the impact of slumping valuations on private startups as mentioned in the text?

Which AI company is mentioned in the text and where is it based?

What regions is the new $10 billion tech fund targeting for investments?