Japan's second biggest company sells its entire stake in world's most-valuable company Nvidia; and one of the reasons is ChatGPT-maker OpenAI
SoftBank has divested its entire stake in U.S. chipmaker Nvidia, raising $5.83 billion to fund its substantial "all in" investment in ChatGPT maker OpenAI. This strategic asset monetization, totaling $30 billion for OpenAI, underscores SoftBank's renewed focus on artificial intelligence and its ambition to lead the global AI ecosystem.
SoftBank has divested its entire stake in U.S. chipmaker Nvidia, raising $5.83 billion to fund its substantial "all in" investment in ChatGPT maker OpenAI. This strategic asset monetization, totaling $30 billion for OpenAI, underscores SoftBank's renewed focus on artificial intelligence and its ambition to lead the global AI ecosystem.
