Overview
SoftBank Group Corp. raised $5.83 billion by selling its entire 32.1 million shares in Nvidia to fund a $22.5 billion investment in OpenAI, the maker of ChatGPT. This strategic move aims to bolster OpenAI's capabilities in artificial intelligence, addressing growing demand in the tech sector.
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SoftBank Group Corp. raised $5.83 billion by selling its entire 32.1 million shares in Nvidia to fund a $22.5 billion investment in OpenAI, the maker of ChatGPT. This strategic move aims to bolster OpenAI's capabilities in artificial intelligence, addressing growing demand in the tech sector.