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SoftBank Group will lay off nearly 20 per cent of its Vision Fund team globally as it shifts resources to founder Masayoshi ...
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 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 ...
This comes amidst reports of the firm downsizing its operations and shedding assets to fund its bets in artificial ...
SoftBank’s plans to set up a joint venture with OpenAI to bring artificial intelligence services to corporate customers in ...
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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