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

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

SoftBank Group is set to reduce its Vision Fund team by nearly 20% globally, redirecting resources towards Masayoshi Son's ambitious AI ventures in the U.S. This shift marks a return to Son's high-risk, high-reward investment strategy, focusing on AI infrastr…

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