SoftBank Just Sold Its Entire Nvidia Stake to Bet Big on OpenAI

SoftBank unloaded $5.8 billion in Nvidia shares as part of a broader $40 billion bet on OpenAI, fueling fears of an AI bubble ...

Softbank dumps its entire Nvidia portfolio worth $5.8 billion as its CEO goes all-in on OpenAI to the tune of $30 billion

Masayoshi Son, the 68-year-old CEO of SoftBank, has a mixed track record when it comes to massive, high-stakes investments.
Forbes India

Explainer: Inside Elon Musk’s $1 trillion equity pay package

At the company’s annual meeting in Austin, Texas, shareholders of the electric vehicle manufacturer Tesla voted to approve a ...
Cryptopolitan on MSN

Softbank pursues AI ambition amid a $19B Vision Fund gain

Softbank has unveiled plans to continue pushing into AI with investments in PayPay, ChatGPT, and OpenAI, helping it gain $19 ...
NBC Connecticut

Musk-led investor group offers $97.4 billion for OpenAI — Altman declines

Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, CNBC confirmed. Stream Connecticut News for free, 24/7, wherever you are. The offer is for the ...
Hosted on MSN

OpenAI Valuation Reaches $500 Billion, Topping Musk’s SpaceX

(Bloomberg) -- OpenAI has completed a deal to help employees sell shares in the company at a $500 billion valuation, propelling the ChatGPT owner past Elon Musk’s SpaceX to become the world’s ...