SoftBank has completed the initial close for its second Vision Fund at $2 billion, Bloomberg reports. The reported close is a fraction of the more than $108 billion that SoftBank has said it seeks to raise for its closely watched second Vision Fund, which was announced in July. The second Vision Fund is off to a rocky start. The first Vision Fund’s largest investor, Saudi Arabia’s public...
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Microsoft Might Keep Losing in Search and Still Win
Could Microsoft win even if it loses in the next chapter of internet search? That was the question running through my head at an event in Redmond, Wash., earlier today, where Microsoft confirmed reporting from The Information and others when it announced it will remake its Bing search engine using artificial intelligence technology from OpenAI. The new and improved...
Goldman Sachs Asset Management Closes $5.2 Billion Growth Fund
Twitter’s Head of Revenue Strategy & Operations Departs
Meta Beginning Effort to Trim Managerial Ranks
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