For years, Son has talked about SoftBank’s strategy to invest in the “computing platforms of the future,” including artificial intelligence. His firm amassed a reported $4 billion stake in Nvidia back in 2017, only to dump the shares in 2019.

SoftBank Group's $5.8 billion sale of its Nvidia stake jolted stock markets on Tuesday, stoking fears that the frenzy around artificial intelligence may have peaked, especially after recent warnings from Wall Street bank chiefs and a famed short seller.

SoftBank has confirmed it sold its entire stake in Nvidia in October, offloading 32.1 million shares for $5.83 billion. The disclosure came Tuesday alongside the Japanese conglomerate’s latest earnings report.

SoftBank sold 32.1M shares for $5.83B to fund OpenAI. Second complete exit. Vision Fund posts $19B gain. What it means for investors.

Blue Owl Capital ( OWL ), a large Wall Street private lender, is boosting its bet on OpenAI's ( OPENAI) Stargate AI project with a $3B equity investment in a New Mexico data center, according to a media report on Tuesday.

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OpenAI announced on Thursday plans to build a new Stargate campus in Saline Township, Michigan, as part of its 4.5-gigawatt infrastructure partnership with Oracle Corporation (NYSE:ORCL). The project adds to six previously announced U.S. Stargate sites ...

A new data center in Abilene has raised local concerns about water and electricity usage. The Abilene campus is projected to have the capacity to power hundreds of thousands of homes. OpenAI CEO Sam Altman and others discussed the issues of water and ...