SoftBank’s Nvidia exit fuels OpenAI push despite mounting losses, stiff competition from Anthropic
SoftBank did what some might have said was unthinkable before. It sold its entire stake in Nvidia. SoftBank announcing it cashed in all of its Nvidia chips for about $5.8% billion.Masayoshi's son, who runs SoftBank, will use his company and the proceeds to fund massive investments in open AI. So, they're not getting out of AI. They're going a little heavier into open AI.Obviously, a lot of questions, a lot of angles here. So, let's bring in Mackenzie Sagalos with more. Big sale, big news.>> Yeah, it is, Bri ...