Masayoshi Son said he "cried" while liquidating NVIDIA: If it weren't for the need for funds, he wouldn't have sold a single share
Masayoshi Son, the founder of SoftBank Group, stated that he would not have sold his shares in NVIDIA if it were not for the need for funds. SoftBank's complete divestment of NVIDIA was to raise capital for investments in projects such as OpenAI and data center construction. Son refuted claims of an investment bubble in artificial intelligence, believing that AI can create 10% of global GDP in the long run, and that even investing trillions of dollars is worthwhile
Masayoshi Son stated at the FII Priority Asia Forum, "I don't want to sell a single share, I just need more funds to invest in OpenAI" and other projects, "I sold NVIDIA shares while crying."
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