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SoftBank Group takes a defensive stand after $34 bn loss, to fund smaller deals

After recording a loss of $34 billion in market value over the last year, SoftBank Group has taken a defensive stand and will fund fewer and smaller deals. Masayoshi Son, SoftBank Group founder, said the company would continue to target mid-to-long-term growth by investing in the AI sector. Last month, Son cited the COVID-19 pandemic […]

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