SoftBank's Vision Fund plans layoffs; sources say ~20% of staff will be impacted as SoftBank shifts resources to Masayoshi Son's large-scale AI bets in the US (Krystal Hu/Reuters)

Krystal Hu / Reuters:
SoftBank's Vision Fund plans layoffs; sources say ~20% of staff will be impacted as SoftBank shifts resources to Masayoshi Son's large-scale AI bets in the US  —  - Vision Fund shifts focus to support AI ambitions of founder Masayoshi Son  — Son's strategy returns to high-risk, high-reward investments

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