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

Nvidia is out. OpenAI is in. Does that make sense?

Masayoshi Son, the 68-year-old CEO of SoftBank, has a mixed track record when it comes to massive, high-stakes investments.

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 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.

Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments.

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 ...

The company reported its quarterly net profit more than doubled, driven by gains from its investment in the ChatGPT maker.

The Japanese giant is betting $40 billion on OpenAI's path to profitability as Wall Street questions whether AI spending will ...

Shares in SoftBank Group plunged as much as 10 per cent today after the Japanese tech investor said it had sold all its stock ...

SoftBank Group (SFTBY)(SFTBF) and OpenAI (OPENAI) have launched a new joint venture, SB OAI Japan GK, to help the island ...

SoftBank Group and US-based OpenAI established a joint venture which will develop agent-type AI technology for Japan’s ...