DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!SoftBank's Billion-Dollar AI Bet: Cash Crunch & Nvidia Sale
SoftBank's Billion-Dollar AI Bet: Cash Crunch & Nvidia Sale

SoftBank's Billion-Dollar AI Bet: Cash Crunch & Nvidia Sale

Update: 2025-11-12
Share

Description

SoftBanks recent sale of Nvidia shares underscores its urgent need for funding, particularly for its substantial investment in OpenAI. The company is also acquiring chipmaker Ampere and the robotics business from ABB, straining its cash reserves. With at least forty-one billion dollars committed to recent spending, SoftBank has resorted to selling shares, issuing bonds, and taking out loans to meet its financial demands. Despite these measures, SoftBanks CEO remains optimistic about AIs future, suggesting the Nvidia sale was a strategic move to secure better returns from OpenAI.

The Daily News Now! — Every city. Every story. AI-powered.


Hosted on Acast. See acast.com/privacy for more information.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

SoftBank's Billion-Dollar AI Bet: Cash Crunch & Nvidia Sale

SoftBank's Billion-Dollar AI Bet: Cash Crunch & Nvidia Sale