SoftBank Sells Entire $5.8B Nvidia Stake to Double Down on OpenAI Bet
Masayoshi Son’s bold pivot marks a defining moment in SoftBank’s AI strategy — shifting focus from chip manufacturing to the intelligence powering the next technological revolution. In a dramatic reshaping of its artificial intelligence portfolio, SoftBank Group Corp. has sold its entire $5.83 billion stake in Nvidia, signaling a decisive shift toward a deeper partnership with Sam Altman’s OpenAI. The move, confirmed in an earnings report released Tuesday, underscores CEO Masayoshi Son’s “all-in” commitment to artificial general intelligence (AGI) and his ambition to position SoftBank at the forefront of the AI-driven future. According to the filing, SoftBank sold all 32.1 … Continue reading SoftBank Sells Entire $5.8B Nvidia Stake to Double Down on OpenAI Bet
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