00:00SoftBank announced Tuesday that it sold its entire $5.8 billion stake in NVIDIA as it
00:06doubles down on massive investments in OpenAI and other tech ventures.
00:11The company also sold part of its T-Mobile holdings for $9.1 billion, freeing up cash
00:16for a $22.5 billion push into artificial intelligence.
00:21Executives said the sales are part of a broader asset monetization strategy in order to maintain
00:26financial strength while funding ambitious projects like an acquisition in robotics.
Comments