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.

Softbank dumps its entire Nvidia portfolio worth $5.8 billion as its CEO goes all-in on OpenAI to the tune of $30 billion

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

SoftBank Group’s Profit Doubles on OpenAI Investment

The Japanese technology investment company has been leading an investment of up to $40 billion in OpenAI, with plans to ...
The Manhattan Mercury

AI stock boom delivers bumper quarter for Japan's SoftBank

Japan's SoftBank Group reported Tuesday that net profit more than doubled in the second quarter thanks to a boom in ...
The Edge Singapore

SoftBank’s profit surges after boost from soaring AI valuations

SoftBank Group Corp reported a surprise quarterly profit jump after a tech rally boosted the value of its holdings in ...

SoftBank exits Nvidia with $5.8 bn profit as Masayoshi Son doubles down on AI investments

SoftBank Group, led by Masayoshi Son, has divested its entire holding in Nvidia for $5.8 billion. The company also announced ...

SoftBank Says It Sold Its Entire Nvidia Stake. The Chip Stock is Sliding.

The Japanese company in a Tuesday statement said it sold 32 million shares of chip giant Nvidia, a "complete sale," in October, raising nearly $6 billion.