SoftBank Sells Nvidia Stake, Boosts AI Investments
Update: 2025-11-11
Description
SoftBank, the Japanese tech investment giant, sold its entire stake in Nvidia, valued at $5.83 billion, to strengthen its position in OpenAI. This move comes as SoftBank has been actively investing in AI, including leading a funding round for OpenAI potentially worth $40 billion. Despite exiting Nvidia, SoftBank remains connected through projects like the $500 billion Stargate data center initiative.
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