Rachel Reeves to meet bank bosses in government’s growth agenda and discuss visas, tax and regulationSoftBank has fallen deep into the red, as the Japanese conglomerate prepares to ramp up investments in artificial intelligence.The technology group tumbled to a 369.2bn yen (£1.9bn) loss in its third quarter, partly due to losses in its tech-heavy investment vehicles, Vision Funds. SoftBank invests in companies that it thinks have long-term potential, including start-ups so its financial performance can vary widely. Continue reading…
