Nvidia is out. OpenAI is in. Does that make sense?

SoftBank has been making waves in the investment world and has become one of the most significant financial beneficiaries of the current AI boom. Its Vision Fund reported a gain of ¥3.5 trillion in investments, much of which resulted from its OpenAI holdings, and is now estimated to total ¥2.16 trillion for the quarter.

The unequivocal high for SoftBank was its $20 million Alibaba investment, made in 2000. It paid off huge, blossoming into a $60 billion stake by 2014, a roughly 3,000-times return. The Cowboys also reached the peak of the pro football mountain in the 90s, winning the Super Bowl three times between 1992 and 1995.

CNBC's MacKenzie Sigalos reports on news regarding OpenAI.

Mauro Goncalves Filho, SVP for AI RAN with SoftBank Telecom America Corp., highlighted a real-world use case for AI RAN.

SoftBank sold its stake in Nvidia and is all in on OpenAI. Here's what else we learned about the AI race in its earnings call.

Richard Kaye, portfolio manager at Comgest, comments on Softbank's quarterly financial results, the company's Nvidia stake sale, and why he continues to be bullish on the stock.