SoftBank offloads $5.8B stake in Nvidia to free up cash for OpenAI investment

SoftBank Group Corp. has sold its entire remaining stake in Nvidia Corp. in order to raise funds for its promised $22.5 ...

SoftBank sells Nvidia stake for $5.8bn to fund AI investments

Masayoshi Son’s SoftBank Group has sold its entire stake in Nvidia for $5.8bn as the Japanese company looks for ways to fund ...

Today’s Cache | SoftBank’s $5.8 billion Nvidia stake sale; OpenAI used song lyrics in copyright violation; Meta chief AI scientist Yann LeCun to exit

SoftBank Group has sold $5.8 billion sale of Nvidia stake reigniting fears around the AI bubble. Recently, Wall Street bank ...

Masayoshi Son No Longer Asia’s 3rd Richest—After Softbank Sells Nvidia Stake

Softbank on Tuesday disclosed it had sold its entire $5.8 billion stake in Nvidia to fund its investments in ChatGPT-maker ...

SoftBank Just Sold Its Entire Nvidia Stake to Bet Big on OpenAI

SoftBank unloaded $5.8 billion in Nvidia shares as part of a broader $40 billion bet on OpenAI, fueling fears of an AI bubble ...

SoftBank Group posts $16.6 billion Q2 profit on OpenAI gains

Japan's SoftBank Group reported on Tuesday a net profit of 2.5 trillion yen ($16.6 billion) for the July-September quarter, ...

SoftBank just sold the world's hottest AI stock — so it can buy more AI

But SoftBank isn't bailing on AI. Instead, it's selling the world's hottest AI stock so it can buy more AI. SoftBank has already put $7.5 billion into OpenAI, and plans on investing another $22.5 ...