Monday, August 7, 2023

SoftBank may turn profit after $48 billion in Vision Fund losses

SoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to an artificial-intelligence-fueled rebound that’s lifting startup valuations.

from Tech-Economic Times https://ift.tt/FOzDqej

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Google's Jeff Dean launches AI startup Discovery Loop

Announcing the venture on X, Dean wrote, "We are founding Discovery Loop... a Public Benefit Corporation whose mission is to automate m...