Softbank bets big, offloads $6bn Nvidia stake to bankroll Open AI
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Softbank has sold its $6bn stake in Nvidia, reportedly to fund an investment in OpenAI. The size of the potential investment in OpenAI is unclear, with some reports suggesting it could be as high as $30bn. Additionally, Softbank is involved in other AI-related initiatives, including a potential collaboration with Yaskawa on AI robots and a possible investment in Skild AI.