Show Quick Read Summary is AI-generated, newsroom-reviewed

SoftBank Group Corp. has sold its entire holding in Nvidia Corp. for about $5.83 billion, freeing up cash to accelerate its aggressive bets on artificial intelligence, according to an exclusive report by Bloomberg. The move underscores founder Masayoshi Son’s determination to fund a sweeping range of AI initiatives, from hyperscale data centers to advanced robotics facilities in the US.

The sale comes amid growing scrutiny over the surge in AI-related spending by global tech giants. Companies such as Meta, Alphabet, and others are expected to collectively invest over $1 trillion in the coming years, prompting investors to question whether such massive outlays will yield sustainable returns. Nvidia shares slipped around 1.3% in p

See Full Page