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SoftBank Group will lay off nearly 20% of its Vision Fund team globally as it shifts resources to founder Masayoshi Son’s large-scale artificial intelligence bets in the United States, according to a memo seen by Reuters and a source familiar with the plan.
Recent Stories
Jan 19, 2026
App Store apps are exposing data from millions of users
An effort led by security research lab CovertLabs is actively uncovering troves of (mostly) AI-related apps that leak and expose user data.
Jan 19, 2026Stop ignoring AI risks in finance, MPs tell BoE and FCA
Treasury committee urges regulators and Treasury to take more ‘proactive’ approach
Jan 19, 2026OpenAI CFO Friar: 2026 is year for ‘practical adoption’ of AI
OpenAI CFO Sarah Friar said the company is focused on "practical adoption" in 2026, especially in health, science, and enterprise.