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 ...
Softbank has dumped its entire $5.83 billion stake in AI chip supplier Nvidia as it pours more resources into its “all-in” ...
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 ...
Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments ...
Surprisingly, this isn’t the first time Softbank has cashed out of the chipmaker. The company had accumulated a $4 billion ...
Nvidia Corp. for $5.8 billion, renewing concerns that tech valuations have become frothy. This transaction marks a sharp U-turn for Son. As recently as the March quarter, SoftBank was busy buying up ...
To put this in perspective, OpenAI only made about $1.3 billion in revenue in 2023. Going from that to $20 billion in just ...
SoftBank sold its entire Nvidia position to fund major OpenAI investments, as rising AI valuations prompt caution among ...
Japanese tech investor sold remainder in its shares in chipmaker Nvidia for US$5.83-billion as it stepped up fundraising ...
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