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

SoftBank has sold its entire stake in Nvidia, pocketing $5.8% billion in the process. So why is SoftBank selling now. The company says it needs the liquidity to fund its AI investment bets, whether that's deal making or infrastructure.But it comes, of course, at a time when there's a lot of concern and a lot of hand ringing about whether or not we are facing an AI infrastructure bubble. Again, SoftBank says this is about financing. It's not about Nvidia itself, but the company does want to be a key player o ...