Vision Fund

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.

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

Fetch positions itself as a one-stop digital loyalty and marketing platform by partnering with retailers and consumer packaged goods brands, including General Mills and Unilever.

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.

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.

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

Softbank's Vision Fund unit lost 297.5 billion yen in the three months ended March, compared with a 2.2 trillion yen loss a year earlier.

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.

SoftBank invests in Japanese startup that helps detect cancer

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

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.

SoftBank posts 2.33t yen Vision Fund loss on tech slump

SoftBank-backed firms that have recently announced headcount reductions include Swedish payments firm Klarna Bank and privacy management company OneTrust, while Bloomberg News has reported staff cuts at chip unit Arm.

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