When ChatGPT made Japan’s second-richest man Softbank CEO Masayoshi Son ‘cry’
Masayoshi Son, SoftBank Group CEO, has revealed that the company’s decision to sell its substantial stake in Nvidia was a painful, though necessary, step taken to fund its aggressive new investments in artificial intelligence (AI), including a major commitment to OpenAI. Addressing the November disclosure that SoftBank had completely unloaded its shares worth $5.83 billion in the world’s most valuable chipmaker, Son expressed deep regret, figuratively admitting he ‘cried’ when he sold shares of the biggest tech company in terms of market cap.
“I don’t want to sell a single share. I just had more need for money to invest in OpenAI and other projects,” Son told attendees at the FII Priority Asia forum in Tokyo on Monday (December 2). “I was crying to sell Nvidia shares,” Japan’s second richest man added.
