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SoftBank’s Masayoshi Son regrets selling Nvidia shares

CEO says $6 billion sale was emotional and he ‘cried’ but needed to fund AI ambitions

SoftBank Group recently sold its entire stake in Nvidia, valued at around $6 billion. The company’s CEO, Masayoshi Son, revealed that the decision was extremely emotional for him. Speaking at a forum in Tokyo, Son said he “cried” during the sale and admitted that he regrets letting go of every share. He added that if SoftBank had unlimited resources, he would never have sold a single share.

The sale was driven by SoftBank’s ambitious plans in artificial intelligence. The company is channeling the funds to support AI initiatives, including investments in OpenAI and other AI infrastructure projects. Son emphasized that AI is a critical area for future economic growth and that SoftBank is determined to be at the forefront of this transformation.

SoftBank’s decision highlights a broader trend in technology investment. Many leading firms are shifting focus from owning hardware, such as semiconductor companies, to investing directly in AI software, platforms, and infrastructure. For SoftBank, the Nvidia sale represents a strategic trade-off around giving up a prized asset to secure a larger stake in the rapidly growing AI sector.

The emotional tone of Son’s remarks also reflects that even major business decisions can carry a human cost. Despite the regrets, the company remains optimistic about its AI strategy and believes that the investments will deliver substantial long-term returns.

Investors and market watchers will closely follow how SoftBank’s AI bets perform and whether the company’s pivot from hardware to software and AI infrastructure will pay off. The sale of Nvidia shares marks a significant moment in the ongoing AI investment race, reflecting both the opportunities and tough choices involved in shaping the future of technology.

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