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SoftBank will cut nearly 20 per cent of Vision Fund staff worldwide as it shifts focus to AI projects like the $500 billion ...
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SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say
SoftBank Group will lay off nearly 20 per cent of its Vision Fund team globally as it shifts resources to founder Masayoshi ...
India is ChatGPT’s second-largest market in terms of users and is on its path to becoming the company’s biggest soon. The tech giant has also announced plans to open its first office in India ...
SoftBank’s plans to set up a joint venture with OpenAI to bring artificial intelligence services to corporate customers in ...
This comes amidst reports of the firm downsizing its operations and shedding assets to fund its bets in artificial ...
For most of the past decade, the cloud market looked like a three-horse race: Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. Oracle was an afterthought. Its market share hovered in the ...
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SoftBank trims Vision Fund staff to double down on $500B AI bet
SoftBank has also been investing a lot of money into OpenAI. Vision Fund invested $9.7 billion into OpenAI through Vision Fund 2 (controls around $65.8 billion in assets overall). Son believes OpenAI ...
Cryptopolitan on MSN
SoftBank faces yet another AI delay as Japanese OpenAI venture stalls
SoftBank’s artificial intelligence joint venture with OpenAI is now months behind schedule, according to Reuters. The project ...
The president and prime minister are expected to sign a “tech prosperity deal” bringing jobs and investment in AI and nuclear ...
After a day filled with royal pomp and pageantry, President Donald Trump is meeting with Prime Minister Keir Starmer on the final day of the U.S. leader’s state visit to Britain ...
In June, Northrop Grumman unveiled its Beacon project, a “testbed ecosystem designed to rapidly deliver new autonomous ...
Zuckerberg says an AI bubble is "quite possible," but warns the bigger risk is building too slowly and missing ...
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