SoftBank to buy Ampere Computing

SoftBank sells entire $5.8B NVIDIA stake

SoftBank Sells Nvidia Stake for $5.8 Billion to Fund AI Bets

SoftBank Group Corp. sold its entire stake in Nvidia Corp. for $5.83 billion to help bankroll AI investments, even as investors question the amount of capital pouring into a technology with uncertain returns.

The Edge Singapore · 20h

SoftBank unloads Nvidia stake for US$5.8b in surprise move

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SoftBank Sells Entire Nvidia Stake for $5.8 Billion to Power Ambitious AI Push

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Japan’s SoftBank says it has sold its shares in Nvidia for US$5.8 billion, turning its focus to OpenAI

Japanese technology giant SoftBank said Tuesday it has sold its stake in Nvidia, raising US$5.8 billion to pour into other investments.

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SoftBank Sells Entire Nvidia Stake Ahead of AI Investment Push

· 19h

SoftBank Sells Its Nvidia Stake for $5.8 Billion

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SoftBank ditches Nvidia in favour of deeper dive into AI

The jump was fuelled by gains in its Vision Fund portfolio, which benefited from soaring valuations of AI-related firms, suggesting that its renewed focus on artificial intelligence is beginning to pa...

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Nvidia shares edge lower after SoftBank sells entire stake in AI chip darling

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SoftBank fully cashed out its Nvidia stake for an even bigger AI bet

SoftBank offloads $5.8B stake in Nvidia to free up cash for OpenAI investment

SoftBank Group Corp. has sold its entire remaining stake in Nvidia Corp. in order to raise funds for its promised $22.5 billion investment in ChatGPT maker OpenAI Group PBC.

The Edge Singapore

SoftBank’s profit surges after boost from soaring AI valuations

SoftBank Group Corp reported a surprise quarterly profit jump after a tech rally boosted the value of its holdings in companies such as Nvidia Corp and Intel Corp.

SDxCentral

SoftBank to acquire data center Arm chip company Ampere Computing for $6.5bn

SoftBank plans to acquire Ampere Computing for $6.5 billion. Ampere will operate as a wholly owned subsidiary of SoftBank Group and retain its name, while lead investors Carlyle and Oracle will sell their stakes. Ampere develops high performance Arm CPUs ...

The InformationOpinion

SoftBank Hunts for Pennies to Meet Its OpenAI Commitment

Would you trade shares in Nvidia for stock in OpenAI? That’s what SoftBank just did, selling $5.8 billion worth of shares in the AI chip giant to finance a commitment to invest $22.5 billion in the ChatGPT maker.

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SoftBank sells entire $5.8B NVIDIA stake