SoftBank Group has successfully raised $2.9 billion through a hybrid bond issuance that underscores founder Masayoshi Son’s bold, long-term vision for artificial intelligence.

OYO founder Ritesh Agarwal has surely achieved a lot in a short span of time and now he has launched a VC-fund with focus on Indian startups. OYO has been in trouble for quite some time now.

OYO Rooms is facing tough times and the company recently announced that it would reduce its staff count in India and in other markets.