Tuesday, 11 November, 2025
SoftBank Exits Nvidia Stake for $5.8 Billion to Fund AI Bet
SoftBank Group sold its entire $5.8 billion stake in Nvidia, converting the massive profit into a financial war chest for its aggressive artificial intelligence expansion. This move signals CEO Masayoshi Son's renewed focus, with plans to channel tens of billions into new AI ventures like OpenAI and a $500 billion data center project, marking a strategic shift in the AI ecosystem.
Read full story at Money Control