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SoftBank offloads entire $5.83 billion stake in Nvidia — firm sells off stock, cash will fund major investment in OpenAI, also in talks over Stargate
from Latest from Tom's Hardware on (#71CZ0)
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.
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SoftBank pauses $50bn AI data center operator acquisition talks — move plunges Stargate data center plans into uncertainty as regulatory roadblocks pose significant challenge
from Latest from Tom's Hardware on (#734P3)
SoftBank has paused talks to acquire U.S. data center operator Switch, stepping back from what would have been one of its largest deals to date.
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