The Daily Overview on MSN
SoftBank sells $5.8B in Nvidia as Son bets $30B on OpenAI
SoftBank has sold its entire stake in Nvidia for $5.8 billion, marking a dramatic pivot in its investment strategy as CEO ...
Nvidia is out. OpenAI is in. Does that make sense?
Softbank has dumped its entire $5.83 billion stake in AI chip supplier Nvidia as it pours more resources into its “all-in” ...
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Japan’s SoftBank says it has sold its shares in Nvidia for $5.8 billion, turning its focus to OpenAI
Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments.
To put this in perspective, OpenAI only made about $1.3 billion in revenue in 2023. Going from that to $20 billion in just ...
Surprisingly, this isn’t the first time Softbank has cashed out of the chipmaker. The company had accumulated a $4 billion ...
Founder Masayoshi Son has been unwinding positions to pay for a plethora of AI projects, including Stargate data centres and ...
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