By Tekendra Parmar
Publication Date: 2025-11-12 22:17:00
On Tuesday, SoftBank, the Japanese multinational investment conglomerate, announced they had unloaded the entirety of its Nvidia stock and invested it into OpenAI. According to the company’s latest financial statements published on November 11, SoftBank sold $5.8 billion in Nvidia shares in October.
“OpenAI is one of our key growth drivers. The fair value of our OpenAI investment rose sharply, reflecting the latest transaction valuation,” said SoftBank’s CFO Yoshimitsu Goto in a video to investors. SoftBank invested $10 billion in OpenAI earlier this year, as a part of a $40 billion commitment. Out of that, $7.5 billion was invested through SoftBank’s Vision Fund 2 and $2.5 billion through co-investors.
Goto said that after OpenAI addressed its “long term structure,” by the end of 2025 SoftBank will invest an additional $22.5 billion in the company. Goto is referring to OpenAI’s long-awaited restructuring, which was approved at the end of October. The restructuring splits OpenAI into two separate organizations, the OpenAI Foundation, which is the nonprofit entity, and OpenAI Group, the company’s for-profit entity which has been restructured as a public benefit corporation. OpenAI’s previous for-profit corporate structure capped investors’ potential returns at 100 times their investment, with any additional revenue owned by the nonprofit. This is no longer the case, though the nonprofit currently owns a controlling share in OpenAI…
