News Score: Score the News, Sort the News, Rewrite the Headlines

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

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato Purchase Licensing Rights, opens new tabSummaryCompaniesVision Fund shifts focus to support AI ambitions of founder Masayoshi SonSon's strategy returns to high-risk, high-reward investmentsSoftBank's AI bets include $9.7 billion in OpenAISept 18 (Reuters) - SoftBank Group (9984.T), opens new tab will lay off nearly 20% of its Vision Fund team globally as it shifts res...

Read more at reuters.com

© News Score  score the news, sort the news, rewrite the headlines