Source: Tech – South China Morning PostSoftBank Group sold its entire stake in Nvidia for US$5.83 billion to help bankroll artificial intelligence investments, even as investors question the amount of capital pouring into a technology with uncertain returns.
Founder Masayoshi Son has been unwinding positions to pay for a plethora of AI projects, from Stargate data centres with OpenAI and Oracle to robot manufacturing sites in the US.
The Nvidia exit coincides with a growing debate about whether spending by Big Tech firms like Meta…Read More