Apple will invest $1 billion into the world's largest technology venture fund

Apple will invest $1 billion into Masayoshi Son's SoftBank Vision Fund, which aims to launch this year, Bloomberg and Dow Jones report.

Apple is joining investors such as Qualcomm and Saudi Arabia's government fund, which is expected to plow $45 billion into the $100 billion fund. It's expected to be the world's largest.

The fund is expected to focus on technologies like artificial intelligence. Previous reports suggested the Apple hopes to gain a better understanding of emerging technologies, in addition to any returns the fund may generate.

Apple was not immediately available for comment.