SoftBank-Backed CloudMinds Slashes Workforce Amid Cash Burn: Sources
SoftBank-Backed CloudMinds Slashes Workforce Amid Cash Burn: Sources 3TOKYO (Reuters) – SoftBank-backed cloud robotics and artificial intelligence startup CloudMinds is slashing its workforce as it burns through cash after repeated attempts to list on the stock market, three people familiar with the matter said. Headed by former China Mobile <0941.HK> research whiz Bill Huang, money-losing CloudMinds is the …
News story posted on 2020-01-24T11:47:00.0000000Z