(Reuters) - SoftBank Group will lay off nearly 20% of its Vision Fund team globally as it shifts resources to founder Masayoshi Son’s large-scale artificial intelligence bets in the United States, ...
SoftBank Group Corp.’s Vision Fund is considering cutting as much as 20% of its staff, a person familiar with the matter said, underscoring a shift in Masayoshi Son’s focus to ambitious bets on ...
Softbank reported 421.8 billion yen ($2.87 billion) in its fiscal first quarter. This was driven by investment gains at its Vision Fund tech investing arm. In the fiscal first quarter, SoftBank said ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Hasan Chowdhury Every time Hasan publishes a story, you’ll get an alert straight to your inbox!
WeWork and Uber cost SoftBank’s Vision Fund a quarterly loss of $8.9 billion WeWork was once valued at $47 billion but saw its worth drop to below $8 billion last month. Softbank is launching a second ...
SoftBank said the co-CEO of Vision Fund, Rajeev Misra, will soon step down from his leadership roles at the firm’s flagship technology investment vehicles, marking the departure of one of the Japanese ...
Vision Fund shifts focus to support AI ambitions of founder Masayoshi Son Son's strategy returns to high-risk, high-reward investments SoftBank's AI bets include $9.7 billion in OpenAI Sept 18 ...