SoftBank Bets Big on OpenAI, Sells Nvidia Shares
Update: 2025-11-11
Description
SoftBanks strategic shift: Selling Nvidia shares for OpenAI investmentSoftBank Group, a global investment giant, has sold all its Nvidia shares, a leading AI chip manufacturer, for $5.8 billion. Instead of exiting the AI space, SoftBank is investing the proceeds into OpenAI, the private company behind ChatGPT. This move highlights a shift from investing in AI hardware to focusing on AI software and development. SoftBank has already invested $7.5 billion into OpenAI and plans to inject another $22.5 billion soon, underscoring its belief in OpenAIs potential. This bold maneuver illustrates the current markets appetite for high-stakes investments in the rapidly evolving AI landscape.
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