SoftBank's AI Bet: Divesting Nvidia, Investing in OpenAI

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SoftBanks Q2 profit surges, AI investments shift: The Japanese tech giant announces a 125% increase in net profit, totaling $16.6 billion. SoftBank sells off Nvidia stake, invests $30 billion in OpenAI, and focuses on physical AI, despite AI bubble concerns.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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