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August 7, 2017 11:42 am GMT
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 firmbought 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
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/HOydSM-n9sU/
SoftBank transfers its $5B stake in Nvidia to the Vision Fund
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 firmbought 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 MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/HOydSM-n9sU/
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