SoftBank CEO Masayoshi Son said on Wednesday he may temporarily put on hold his previous plans to raise a $108 billion Vision Fund 2, a follow-up to the company’s existing $100 billion Vision Fund. Instead, SoftBank is considering raising a smaller fund to finance its investments, Son said at a news conference in Tokyo. If the smaller fund performs well and lives up to investors’ expectations,...
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SoftBank’s Son Scales Back $108 Billion Vision Fund 2 Ambitions
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Live from SF, It’s Tech Week
Hi, welcome to your Weekend.It was the boom-iest of times, it was the doom-iest of times. At least that’s how it feels right now in Dickensian San Francisco, where AI companies are setting up shop on every avenue, while fentanyl dealers are hanging out in every alley. I joke—but seriously, it’s wild out here. No fewer than 17 of the 35 startups listed on The Information’s new Generative AI...
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