SoftBank unloaded $5.8 billion in Nvidia shares as part of a broader $40 billion bet on OpenAI, fueling fears of an AI bubble ...

For years, Son has talked about SoftBank’s strategy to invest in the “computing platforms of the future,” including ...

Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments.

The company reported its quarterly net profit more than doubled, driven by gains from its investment in the ChatGPT maker.

The move has further stoked concerns among some investors that the rally in artificial intelligence stocks was overdone.

Japan's SoftBank Group reported on Tuesday its second-quarter net profit more than doubled to 2.5 trillion yen ($16.6 billion ...

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Masayoshi Son, the 68-year-old CEO of SoftBank, has a mixed track record when it comes to massive, high-stakes investments.

SoftBank Group Corp. has sold its entire remaining stake in Nvidia Corp. in order to raise funds for its promised $22.5 ...

SoftBank's joint venture with OpenAI will localize and sell the AI company's enterprise tech to companies in Japan. And the ...

SoftBank's Masayoshi Son cashed out his $5.8 billion Nvidia stake to fund a massive investment in OpenAI. This high-risk move ...

SoftBank's recent sale of its Nvidia stake for $5.8 billion is set to fund OpenAI commitments, intensifying the high-stakes game of AI funding.