During the NVIDIA AI Summit Japan event today, the highlight was a conversation between Jensen Huang, CEO of NVIDIA, and Masayoshi Son, CEO of SoftBank. Jensen praised Masayoshi as a perpetual winner, whether it’s selling Microsoft software in Japan, investing in Alibaba, or previously holding the largest stake in NVIDIA before selling off. The dynamic between the two seemed to tilt in Masayoshi’s favor this time.
Previously, SoftBank held a 4.9% stake in NVIDIA, which was sold off in 2019 for a mere $4 billion, compared to the current market value of $178 billion. This comes in stark contrast to the losses SoftBank incurred from their investment in WeWork, which amounted to $14 billion.
During this event, SoftBank announced the purchase of the revolutionary NVIDIA DGX SuperPOD, utilizing Blackwell architecture, the first of its kind in the world.
TLDR: SoftBank and NVIDIA CEOs engaged in a conversation during the AI Summit, highlighting SoftBank’s past stake in NVIDIA, subsequent sale, and recent purchase of cutting-edge technology.
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