SoftBank Shifts to AI, Invests $40B in OpenAI

SoftBank Group sells Nvidia shares, invests heavily in OpenAI, generating billions. OpenAIs CEO faces scrutiny over loan guarantee denial. SoftBanks Vision Fund reports massive investment gain, with OpenAI holdings valued at $260 billion.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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Stay informed with the latest business, stock market, and finance headlines, updates, and breaking stories delivered daily in quick, engaging episodes. Subscribe!The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.