Overview

• Vision Fund confirmed nearly 20% global layoffs, marking a third workforce reduction since 2022.
• The unit is concentrating on large AI projects, including the proposed $500 billion Stargate data‑center network linked to OpenAI.
• The decision follows the fund’s strongest quarter since June 2021, lifted by gains in public holdings such as Nvidia and Coupang.
• Coverage shows conflicting headcount figures and projected cuts, with numbers varying between company materials and media reports.
• SoftBank has stepped up AI spending, including about $9.7 billion in OpenAI over the past year and stakes across chip assets, as Reuters reports project delays that underscore execution risk.