extra.SoftBank
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.SoftBank’s Masayoshi Son ‘Cried’ Over the Need to Sell Nvidia Stake and AI Bets
words.SoftBank sold its entire Nvidia stake for $5.83 bn to free capital for a new AI push, chiefly a larger OpenAI investment and data‑center projects. Founder Masayoshi Son said he “cried” selling the shares, emphasizing the need for funds rather than a strategic shift. The move backs SoftBank’s Vision Fund AI war chest, Ampere Computing acquisition, and the Stargate data‑center rollout. While analysts warn of an AI bubble, Son predicts AI‑enabled robotics could soon contribute at least 10 % of global GDP, making the high‑risk bet potentially transformative.
