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The Japanese investment firm funding Silicon Valley

The Japanese investment firm SoftBank is behind some of the biggest deals in Silicon Valley. Photo: Shizuo Kambayashi / AP

"SoftBank was behind four of the five biggest venture capital deals globally in the third quarter of 2017, according to a new report by PwC and CB Insights," per Recode.

Why it matters: "The Japanese investment firm has been raising the stakes in Silicon Valley with its enormous infusions of cash."