AI shift: SoftBank sells Nvidia stake for $5.8 billion; focuses on OpenAI after tripling first-half profit

Japan’s SoftBank has divested its Nvidia stake for $5.8 billion, signaling a major strategic shift towards artificial intelligence investments, notably in OpenAI. This move, part of Chairman Masayoshi Son’s vision, aims to reallocate capital to next-generation AI ventures. The tech giant’s profit nearly tripled in the first half of the fiscal year, boosted by strong Vision Fund returns.