The Business Times

Vision Fund

Companies & Markets

SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say

Masayoshi Son has moved on to new obsessions, inspired in part by the success of Arm.
Banking & Finance

SoftBank sells off Vision Fund assets as Son pivots to AI, chips

This funding comes after Fetch turned profitable for the first time in the fourth quarter of 2023.
Startups

Rewards startup Fetch taps private credit boom, raising US$50 million from Morgan Stanley

Arm’s business has fared better than the broader chip industry because it licences designs rather than paying to make processing systems itself.
Companies & Markets

SoftBank in talks to buy Vision Fund’s 25% stake in Arm: sources

SoftBank last year reduced the number of its Vision Fund by about 30 per cent from about 500 people as the investor drastically cut back on the number of startup investments.
Companies & Markets

SoftBank’s Vision Fund to start job cuts as soon as this week

Signage displayed outside a SoftBank Corp. store in Tokyo, Japan, on Wednesday, May 11, 2022. SoftBank Group Corp. is scheduled to release its full-year results on May 12. Photographer: Akio Kon/Bloomberg
Companies & Markets

SoftBank Vision Fund loses more money despite tech stock rebound

SoftBank is investing in AI Medical Service, which develops systems and software for gastrointestinal diagnostics.
Startups

SoftBank invests in Japanese startup that helps detect cancer

SoftBank laid off employees within its Vision Fund unit last month.
Banking & Finance

SoftBank forms committee to oversee Vision Fund 2, Latam funds

SoftBank said it booked a 296 billion yen loss on the value of Vision Fund’s private investments.
Startups

SoftBank posts 2.33t yen Vision Fund loss on tech slump

Pedestrians walk past a SoftBank mobile shop in Tokyo on May 12, 2022. (Photo by Charly TRIBALLEAU / AFP)
Startups

SoftBank’s Son faces shareholders shaken by US$34b loss

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