SoftBank's Son says he 'was crying' over $5.8B Nvidia stake sale to fund AI investments
SoftBank CEO Masayoshi Son revealed he was emotional about selling the company's entire Nvidia stake for $5.83 billion. The Japanese tech giant needed capital to bankroll major AI investments including OpenAI, data center construction, and chip design projects. Son dismissed concerns about an AI investment bubble, predicting super artificial intelligence will generate at least 10% of global GDP.