Softbank has dumped its entire $5.83 billion stake in AI chip supplier Nvidia as it pours more resources into its “all-in” ...
Nvidia is out. OpenAI is in. Does that make sense?
To put this in perspective, OpenAI only made about $1.3 billion in revenue in 2023. Going from that to $20 billion in just ...
Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments.
Nvidia Corp. for $5.8 billion, renewing concerns that tech valuations have become frothy. This transaction marks a sharp U-turn for Son. As recently as the March quarter, SoftBank was busy buying up ...
Surprisingly, this isn’t the first time Softbank has cashed out of the chipmaker. The company had accumulated a $4 billion ...
OpenAI is now the world’s most valuable private company. When Elon Musk and Sam Altman co-founded OpenAI a decade ago, the idea was to build artificial intelligence that would benefit humanity. At the ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Belle Lin: Welcome to Tech News Briefing. It's Friday, October 24th. I'm Belle ...