Nvidia, OpenAI and SoftBank
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The Japanese technology investment company has been leading an investment of up to $40 billion in OpenAI, with plans to syndicate out $10 billion to co-investors.
Nvidia is out. OpenAI is in. Does that make sense?
SoftBank Group Corp.'s early OpenAI investment drives Q2 earnings and offers rare AI exposure. Click for more on SFTBY stock prospects.
Softbank on Tuesday disclosed it had sold its entire $5.8 billion stake in Nvidia to fund its investments in ChatGPT-maker OpenAI.
SoftBank Group has sold $5.8 billion sale of Nvidia stake reigniting fears around the AI bubble. Recently, Wall Street bank chiefs and notable short seller Michael Burry have raised warnings around risks from a bubble.
SoftBank Group Corp. on Tuesday posted a net profit of 2.92 trillion yen ($18.97 billion) for the first fiscal half, a record for any
SoftBank posts ¥2.5 trillion quarterly profit on soaring Vision Fund gains from OpenAI, even as it sells stake in Nvidia, and investors grow wary of an emerging AI bubble.
Japanese tech investor sold remainder in its shares in chipmaker Nvidia for US$5.83-billion as it stepped up fundraising activity
This is an audio transcript of the FT News Briefing podcast episode: ‘SoftBank divesting from Nvidia could be good, actually’ Sonja Hutson Good morning from the Financial Times. Today is Wednesday, November 12th,