SoftBank’s Son ‘was crying’ about the firm's need to sell its Nvidia stake [MSNBC.com]
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Source: MSNBC.com
In this articleMasayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Speaking via teleconference, Son and Open chief Sam Altman argued that advancing artificial intelligence would lead to new jobs that are not yet imagined, and the advancement of robotics will help kickstart a "self-improvement" loop. Photographer: Kiyoshi Ota/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesNvidiaSpeaking at a forum in Tokyo Monday, Son addressed SoftBank's November disclosure that the firm had sold its holding in the American chip darlingfor $5.83 billionAccording to Son, SoftBank wouldn't have made the move if it didn't need to bankroll its next artificial intelligence investments, including a big bet on Open and data center projects."I don't want to sell a single share. I just had more need for money to invest in Open and other projects, Son saidduring the FII Priority Asia forumSon
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