SoftBank’s Profit Explodes After OpenAI Boom — Then It Dumps Its Entire Nvidia Stake
Practical: AI & Business News · Practical News
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Show Notes
SoftBank’s quarterly profit more than doubled to $6.5 billion, fueled by soaring valuations in OpenAI-linked investments and chipmaker Arm. But in a surprise move, the company sold off its entire Nvidia stake, signaling a dramatic shift in its AI strategy.
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