{"id":164286,"date":"2025-12-02T15:02:10","date_gmt":"2025-12-02T15:02:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/164286\/"},"modified":"2025-12-02T15:02:10","modified_gmt":"2025-12-02T15:02:10","slug":"didnt-want-to-sell-a-single-share-softbank-founder-says-he-was-crying-while-offloading-nvidia-stake-heres-why","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/164286\/","title":{"rendered":"\u2018Didn\u2019t want to sell a single share\u2019: SoftBank founder says he was \u2018crying\u2019 while offloading Nvidia stake \u2014 here\u2019s why"},"content":{"rendered":"<p> <img src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/12\/masayoshi-son.jpg\" alt=\"\u2018Didn\u2019t want to sell a single share\u2019: SoftBank founder says he was \u2018crying\u2019 while offloading Nvidia stake \u2014 here\u2019s why\" decoding=\"async\" fetchpriority=\"high\"\/> SoftBank Group founder Masayoshi Son revealed that he \u201cwas crying\u201d when he sold the company\u2019s stake in Nvidia, highlighting how reluctant he was to part with the fast-rising chipmaker. This emotional exit raises a key question \u2014 what compelled Japan\u2019s second-richest man to give up the shares despite not wanting to?Speaking at the FII Priority Asia forum in Tokyo on Monday, Son addressed SoftBank\u2019s November disclosure that it had sold its full Nvidia holding for $5.83 billion. He said that the move was driven purely by the need to raise capital for AI investments and not lack of confidence in Nvidia. He acknowledged the emotional difficulty of the sale and stressed that the shares would not have been offloaded if SoftBank did not need the money.\u201cI don\u2019t want to sell a single share. I just had more need for money to invest in <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/openai\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" rel=\"nofollow noopener\" target=\"_blank\">OpenAI<\/a> and other projects,\u201d Son said during the event, as cited by CNBC. \u201cI was crying to sell Nvidia shares.\u201dHis comments reflect the explanation provided by analysts and SoftBank executives in November, when they described the sale as part of broader efforts to bolster the SoftBank Vision Fund\u2019s cash resources for AI. SoftBank has intensified its focus on artificial intelligence this year through a series of projects, including plans for Stargate Project data centres and the acquisition of US chip designer Ampere Computing.<\/p>\n<p>Turning to ChatGPT<\/p>\n<p>SoftBank\u2019s AI push also includes a substantial bet on OpenAI. The Japanese company could \u201cpotentially\u201d increase its investment in the ChatGPT maker depending on performance and the valuation of further rounds, according to a person familiar with the matter who spoke to CNBC.Earlier this year, Son said SoftBank was \u201call in\u201d on OpenAI and predicted that the AI startup would one day become the most valuable company in the world. The bet has already delivered financial benefits, with SoftBank reporting last month that its second-quarter net profit more than doubled to 2.5 trillion yen ($16.6 billion), driven by valuation gains in its OpenAI holdings.Questions around the scale of investment going into AI have fuelled market concerns about the possibility of an AI bubble. Son pushed back against that view during his speech on Monday, arguing that critics are underestimating the sector.He said that those who talk about an AI bubble are \u201cnot smart enough\u201d and predicted that \u201csuper [artificial] intelligence\u201d and AI robots will generate at least 10% of global gross domestic product over the long term, which he said would outweigh trillions of dollars of investment in the technology.<\/p>\n","protected":false},"excerpt":{"rendered":"SoftBank Group founder Masayoshi Son revealed that he \u201cwas crying\u201d when he sold the company\u2019s stake in Nvidia,&hellip;\n","protected":false},"author":2,"featured_media":164287,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,39874,343,344,85,46,16356,1748,5810,125],"class_list":{"0":"post-164286","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-ai-investments","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-il","13":"tag-israel","14":"tag-masayoshi-son","15":"tag-openai","16":"tag-softbank","17":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/164286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=164286"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/164286\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/164287"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=164286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=164286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=164286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}