Son has been one of OpenAI’s most prominent backers, forging a close relationship with the AI company’s CEO Sam Altman. It has been a lucrative bet so far—SoftBank’s quarterly net profit more than ...
SoftBank unloaded $5.8 billion in Nvidia shares as part of a broader $40 billion bet on OpenAI, fueling fears of an AI bubble ...
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 ...
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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.
Masayoshi Son, the 68-year-old CEO of SoftBank, has a mixed track record when it comes to massive, high-stakes investments.
Softbank has dumped its entire $5.83 billion stake in AI chip supplier Nvidia as it pours more resources into its “all-in” bet on Sam Altman’s OpenAI.
AI tokens are under intense selling pressure as Japanese banking giant SoftBank has dumped its NVIDIA stake to expand its position in Sam Altman’s OpenAI. The plan is to bet as much as $40 billion on ...
Shares in SoftBank Group plunged as much as 10 per cent today after the Japanese tech investor said it had sold all its stock ...
Peter Thiel's hedge fund sold its entire Nvidia stake, about 537,742 shares worth $100 million, raising concerns of an AI ...
SoftBank Group and US-based OpenAI established a joint venture which will develop agent-type AI technology for Japan’s ...
SoftBank Group (SFTBY)(SFTBF) and OpenAI (OPENAI) have launched a new joint venture, SB OAI Japan GK, to help the island ...
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