Softbank founder Son sold entire Nvidia stake to fund AI investments, but says he was crying as he parted with shares.
SoftBank began acquiring its stake in Nvidia back in 2020, before the rollout of OpenAI's ChatGPT started the price rally in shares of Nvidia and other AI-related companies. Share prices of Nvidia are ...
SoftBank Group Corp. delivered strong Q2 earnings, driven by massive non-cash gains from its early investment in OpenAI. SFTBY sold its entire Nvidia stake to boost its OpenAI position, signaling a ...
March 1 (Reuters) - SoftBank Group (9984.T), opens new tab CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news ...
SoftBank's fiscal year 2024 earnings were positive for the first time in four years. Concerns arise over SoftBank's $40 billion investment in OpenAI, valuing the startup at ~$300 billion, and the high ...
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