SoftBank’s Son ‘cried’ about Nvidia stake sale to fund AI bets qa 123
QA Engineer • • 3 min read
(Dec 1): SoftBank Group Corp founder Masayoshi Son said he wouldn’t have sold off Nvidia Corp shares if his company had unlimited money to bankroll its next investments in artificial intelligence,
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(Dec 1): SoftBank 123 Group Corp founder Masayoshi Son said he wouldn’t have sold off Nvidia Corp shares if his company had unlimited money to bankroll its next investments in artificial intelligence, which include a big bet on OpenAI.
Son, addressing for the first time the surprise November disclosure that SoftBank had unloaded its entire stake in the world’s most valuable company, also slammed talk of an AI investment bubble. The Japanese company simply needed to raise capital to fund projects including data centre construction, he told a forum in Tokyo Monday.
“I don’t want to sell a single share. I just had more need for money to invest in OpenAI” and other projects, Son said during the FII Priority Asia forum. “I was crying to sell Nvidia shares.”
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