[SoftBank Plans to Cut 20% of Vision Fund Staff, Redirect Resources to AI Investments] According to a report by Jinse Finance, a memo reveals that SoftBank will cut nearly 20% of its Vision Fund team globally to redirect resources toward founder Masayoshi Son's large-scale artificial intelligence investments in the United States. This round of layoffs marks the third since 2022 for the flagship fund of the Japanese investment group. The Vision Fund's website indicates that the fund currently has 44 employees. Unlike previous layoffs driven by massive losses, this round comes after the fund reported its strongest quarterly performance since June 2021 last month. This move signals a shift in the fund's focus from a broad portfolio of startups. Sources indicate that while the fund will continue making new investments, the remaining staff will allocate more resources to Masayoshi Son's ambitious AI plans. A spokesperson for the Vision Fund confirmed the layoffs but did not disclose further details.