SoftBank Group Confirms Nvidia Share Sale in October

SoftBank Group sold all Nvidia shares in October 2024 for $5.83 billion and plans a $22.5 billion investment in OpenAI through Vision Fund 2 in December as part of its AI-focused strategy shift. Other notable moves in Q3 include Bridgewater Associates cutting Nvidia holdings by 65.3%, Peter Thiel completely exiting his position, and Nvidia CEO Jensen Huang selling over $1 billion in shares since June 2024.

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