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SoftBank transfers its $5B stake in Nvidia to the Vision Fund
#HTE
SoftBank has confirmed that its 4.9 percent stake in Nvidia is to be transferred to the Vision Fund, its colossal investment vehicle that’s targeting a $100 million final close. The Japanese tech firm bought the position in chip-maker Nvidia, which has forayed into AI and self-driving car tech in recent years, back in May for a reported $4 billion. The Vision Fund held the rights to… Read More
https://techcrunch.com/2017/08/07/softbank-nvidia-vision-fund/?ncid=rss
SoftBank has confirmed that its 4.9 percent stake in Nvidia is to be transferred to the Vision Fund, its colossal investment vehicle that’s targeting a $100 million final close. The Japanese tech firm bought the position in chip-maker Nvidia, which has forayed into AI and self-driving car tech in recent years, back in May for a reported $4 billion. The Vision Fund held the rights to… Read Morehttps://techcrunch.com/2017/08/07/softbank-nvidia-vision-fund/?ncid=rss