
The Vision Fund drop is nothing new, as SoftBank has pulled back on investments since 2022 ' after interest rates began to rise and venture capital as a whole saw a significant pullback. In mid-2023, founder Masayoshi Son told investors the multinational investment holding behemoth would again shift from 'defense mode' as it looks to be a leader in AI and robotics. However, just this week SoftBank put its Vision Fund unit back to work. SoftBank and Google Quantum AI both took part in a whopping $230 million round for Boston-based neutral-atom quantum firm QuEra Computing.
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