SoftBank Vision Fund Cuts 20% of Workforce to Focus on AI

SoftBank Group Corp. is set to lay off nearly 20% of its Vision Fund employees globally as it reallocates resources towards AI investments, according to Reuters. This marks the third round of layoffs since 2022 for the fund, which currently employs over 300 people worldwide.
The decision aligns with CEO Masayoshi Son's strategy to focus on high-risk, high-reward AI projects. Recent investments include $9.7 billion in OpenAI, as well as significant stakes in chipmakers and tech companies like Intel and Nvidia. These moves are part of a broader effort to build AI infrastructure, including chips, data centers, and models.
The layoffs reflect a strategic pivot as SoftBank aims to excel in the competitive AI landscape. The Vision Fund's workforce has already shrunk by 40% from its peak in 2020, highlighting its reduced role as the company intensifies its AI focus.
We hope you enjoyed this article.
Consider subscribing to one of our newsletters like Daily AI Brief.
Also, consider following us on social media:
Subscribe to Daily AI Brief
Daily report covering major AI developments and industry news, with both top stories and complete market updates
Whitepaper
Stanford HAI’s 2025 AI Index Reveals Record Growth in AI Capabilities, Investment, and Regulation
The 2025 AI Index by Stanford HAI provides a comprehensive overview of the global state of artificial intelligence, highlighting significant advancements in AI capabilities, investment, and regulation. The report details improvements in AI performance, increased adoption in various sectors, and the growing global optimism towards AI, despite ongoing challenges in reasoning and trust. It serves as a critical resource for policymakers, researchers, and industry leaders to understand AI's rapid evolution and its implications.
Read more