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It seems Japanese giant Softbank’s OpenAI investment is paying off. SoftBank posted a $2.4 billion gain at its Vision Fund in the December quarter as a jump in the value of its OpenAI investment helped offset losses in some of its other bets. The Japanese giant, owned by one of the Japan’s richest man Masayoshi…
SpaceX is reportedly planning a share sale valuing it at $800 billion, potentially making it the world’s most valuable private company. This move precedes a possible 2026 IPO targeting a $1.5 trillion valuation. Funds will fuel Starship development, space AI data centers, and a Moonbase. Elon Musk’s ambitious plans for Mars missions are also highlighted….
Nvidia CEO Jensen Huang, despite leading his company to a $5 trillion valuation, lives in constant anxiety, a fear rooted in a near-bankruptcy experience. Recent reports of Meta potentially buying Google’s AI chips have caused a $250 billion market value drop, validating Huang’s long-held belief that the company is always ’30 days from going out…
SoftBank Group said that it has sold its entire stake in U.S. chipmaker Nvidia, raising $5.83 billion as part of its push to finance an “all in” investment in ChatGPT maker OpenAI. In its quarterly earnings report, the Japanese conglomerate disclosed that it sold 32.1 million Nvidia shares in October. SoftBank is putting $30 billion…
