CFO at SoftBank Group
CFO explained on earnings call that SoftBank needed liquidity from Nvidia divestment to fund over $30 billion in OpenAI commitments.
How media typically covers Yoshimitsu Goto
Directly quoted in these articles
SoftBank liquidated its entire $5.8 billion Nvidia stake and is redirecting capital toward a $34.7 billion investment in OpenAI, marking a strategic pivot that reflects both bullish AI conviction and the company's need for liquidity to fund massive OpenAI commitments.
“CFO explained on earnings call that SoftBank needed liquidity from Nvidia divestment to fund over $30 billion in OpenAI commitments.”