SoftBank announces that it has sold its entire stake in Nvidia

Burry gonna be proven right?

Yep. Dance with the chick that got you there.

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Sounds like the worst idea of all time

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WeWork 2.0 for SoftBank?

Article says its moving all its money into OpenAI investment. Probably another item in the list of questionable Softbank investments.

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I think people are finally realizing that all of the "GDP" created in these data center deals are the same companies exchanging money.

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It’s not a Ponzi scheme just because the money circulates between the same few players. A Ponzi pays old investors with new investors’ money and creates no real value. AI, on the other hand, is producing useful products — chips, models, APIs, copilots — that companies and consumers actually pay for.

Sure, there’s a reflexive loop right now: Microsoft funds OpenAI, OpenAI buys NVIDIA GPUs, NVIDIA’s stock jumps, and everyone’s valuations rise. That can look circular, but it’s also how new industries bootstrap themselves. As long as the technology keeps creating real productivity gains — code automation, drug discovery, logistics, customer service — the loop becomes a growth flywheel, not a scam.

If value stops being created, it collapses on its own. But implying this is inherently a problem while it’s still generating real economic output misses the point.

I was excited as a Sprint customer, not an investor.