19 Sep 2025 | 3 Mins Read
SoftBank Vision Fund to cut 20% of staff for AI focus
Flipitmoney
SoftBank Group will lay off nearly 20% of its Vision Fund team globally to shift resources to founder Masayoshi Son's large-scale artificial intelligence bets. With over 300 employees, the fund will focus on initiatives like the $500 billion Stargate project with OpenAI and SoftBank's AI infrastructure strategy.