SoftBank offloads Nvidia shares: Son turns to AI; echoes Huang’s joke from 2024

SoftBank has divested its entire Nvidia stake for $5.83 billion, a move coinciding with founder Masayoshi Son’s intensified focus on artificial intelligence investments. This strategic shift, despite a past jest from Nvidia CEO Jensen Huang about SoftBank’s former largest shareholder status, fuels SoftBank’s growing AI empire, including significant stakes in OpenAI and Oracle Corp.