A hedge fund of Peter Thiel, the first outside investor in Facebook and leader of the “PayPal Mafia”, has sold off all its holdings in Nvidia Corp., amid rising concerns of an AI bubble. Peter Thiel, the first outside investor in Facebook and leader of the “PayPal Mafia”. (Reuters) Thiel Macro LLC offloaded its entire […]
SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of planned investments by founder Masayoshi Son to build his own sphere of influence supporting artificial intelligence. SoftBank CEO Masayoshi Son. (Reuters) The Tokyo-based company had raised its stake in Nvidia to about $3 billion by the end […]
