On December 1, Bloomberg reported that SoftBank Group's founder, Masayoshi Son, revealed on Monday that if SoftBank had had an unlimited financial war chest to fuel its next phase of AI investments, including a significant wager on OpenAI, he would have clung onto NVIDIA's shares. Speaking at a forum in Tokyo, Son clarified that the decision to sell NVIDIA shares was driven solely by the need to raise capital for initiatives like data center development. Additionally, he dismissed concerns about an impending AI investment bubble.
