SoftBank Founder Laments $156 Billion Loss on Nvidia Stake, Shifts Focus to Superintelligence Fund
Summary
SoftBank's Masayoshi Son tearfully laments selling $160 billion Nvidia stake for $4 billion, shifting focus to new $100 billion fund aimed at realizing artificial superintelligence.
Key Points
- Masayoshi Son, founder of SoftBank Vision Fund, sold his 5% stake in Nvidia worth $160 billion today for less than $4 billion over 5 years ago
- Son tearfully admits missing out on the 'fish that got away' as Nvidia's stock skyrocketed after he exited the position
- Son is now working on a new $100 billion fund for artificial superintelligence, saying his purpose in life is to make ASI a reality