Overview
- SoftBank said all proceeds will be redeployed into AI initiatives, with Masayoshi Son targeting more than $30 billion for OpenAI in 2025.
- The company disclosed that the divestment occurred in October, updating an earlier plan flagged about a month ago to offload Nvidia shares.
- Executives frame the move as financing for large projects such as the Stargate AI infrastructure initiative and new advanced-robot production facilities.
- SoftBank’s AI posture includes reported stakes in OpenAI at about 11% and investments in Perplexity AI, Ampere Computing and ByteDance, plus the $5.4 billion purchase of ABB’s robotics division.
- Market reaction was limited, with Nvidia shares down just over 3% in the latest session, as SoftBank also reported net income of ¥2.5 trillion for the quarter ended September, beating expectations.