Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments.
SoftBank unloaded $5.8 billion in Nvidia shares as part of a broader $40 billion bet on OpenAI, fueling fears of an AI bubble ...
For years, Son has talked about SoftBank’s strategy to invest in the “computing platforms of the future,” including ...
The company reported its quarterly net profit more than doubled, driven by gains from its investment in the ChatGPT maker.
SoftBank’s decision to sell all its Nvidia shares has drawn sharp attention from investors already wary of overheated AI ...
The AWS partnership is OpenAI's first major cloud computing deal since it struck a new agreement with Microsoft, which gave ...
SoftBank's Masayoshi Son cashed out his $5.8 billion Nvidia stake to fund a massive investment in OpenAI. This high-risk move ...
Masayoshi Son, the 68-year-old CEO of SoftBank, has a mixed track record when it comes to massive, high-stakes investments.
Despite its hefty market cap, Nvidia still trades at a reasonable forward P/E ratio, just 45 times full-year earnings ...
As we wrote in this story on Tuesday, investors are rushing to back a new crop of research-focused AI labs (dubbed neolabs) ...
AWS’ $38 billion OpenAI deal will fuel AI and ChatGPT, CEO Matt Garman says, thanks to Nvidia chips, AWS cloud infrastructure ...
Can Bitcoin really overtake Nvidia's massive market cap in just five years? The simple math might surprise you.