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CoinOtag 2025-12-01 15:40:24

SoftBank Sells Nvidia Shares to Fund OpenAI and AI Ventures

SoftBank sold its entire Nvidia holdings to raise funds for major AI investments, including a significant stake in OpenAI and data center projects. CEO Masayoshi Son expressed reluctance over the decision, stating it was necessary to fuel aggressive expansion in artificial intelligence amid booming opportunities. SoftBank's Nvidia sale generated $5.8 billion in October, contributing to [...]

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