{"entity":{"id":"softbank","name":"SoftBank Group","short":"SoftBank","kind":"public","ticker":"9984.T","note":"Sold its entire Nvidia stake ($5.83B, November 2025) while funding OpenAI."},"outEdges":[{"id":"515c3d5a0ed4","from":"softbank","to":"stargate","type":"equity_investment","amountUsdB":19,"amountNote":"Reported (The Information): SoftBank and OpenAI ~$19B each for ~40% each; Oracle and MGX ~$7B each. Headline '$500B' is planned spend, mostly project debt against compute contracts, not committed equity.","announced":"2025-01-21","status":"reported","source":"https://www.datacenterdynamics.com/en/news/openai-and-softbank-to-both-invest-19bn-in-stargate-report/","sourceLabel":"DCD, citing The Information","altSource":"https://openai.com/index/announcing-the-stargate-project/","confidence":"medium"},{"id":"8f5feb5fc201","from":"softbank","to":"openai","type":"equity_investment","amountUsdB":30,"amountNote":"March 2025 commitment (led the $40B round at $300B post-money): $7.5B at first closing (Apr 2025) + $22.5B at second closing (2025-12-26) via Vision Fund 2; co-investors added $11B (total $41B). SoftBank's stake ~11% after this. Funded partly by selling its entire Nvidia stake ($5.83B) and T-Mobile shares.","announced":"2025-03-31","status":"closed","source":"https://group.softbank/en/news/press/20251231","sourceLabel":"SoftBank Group press release","altSource":"https://www.cnbc.com/2025/11/11/softbank-sells-its-entire-stake-in-nvidia-for-5point83-billion.html","confidence":"high"},{"id":"7cff70f62926","from":"softbank","to":"openai","type":"equity_investment","amountUsdB":30,"amountNote":"Co-led the 2026 round ($110B announced 2026-02-27; closed 2026-03-31 at $122B and $852B post-money).","announced":"2026-02-27","status":"closed","source":"https://www.cnbc.com/2026/03/31/openai-funding-round-ipo.html","sourceLabel":"CNBC","altSource":"https://techcrunch.com/2026/03/31/openai-not-yet-public-raises-3b-from-retail-investors-in-monster-122b-fund-raise/","confidence":"high"},{"id":"8deda218877c","from":"softbank","to":"openai","type":"compute_contract","amountUsdB":3,"amountNote":"PER YEAR. Taxonomy stretch: this is enterprise product/licensing spend, not compute. SoftBank Group 'will spend $3 billion US annually to deploy OpenAI's solutions across its group companies' (Cristal intelligence; SB OpenAI Japan JV).","announced":"2025-02-03","status":"announced","source":"https://group.softbank/en/news/press/20250203_0","sourceLabel":"SoftBank Group press release","confidence":"high"},{"id":"6310f294a99a","from":"softbank","to":"intel","type":"equity_investment","amountUsdB":2,"amountNote":"Common stock at $23/share (~2% of Intel).","announced":"2025-08-18","status":"closed","source":"https://group.softbank/en/news/press/20250819","sourceLabel":"SoftBank Group press release","altSource":"https://newsroom.intel.com/corporate/softbank-group-and-intel-corporation-sign-2b-investment-agreement","confidence":"high"},{"id":"81f4afc12c0f","from":"softbank","to":"ampere","type":"acquisition","amountUsdB":6.5,"amountNote":"All-cash; announced 2025-03-19/20, FTC cleared Nov 2025, closed 2025-11-25.","announced":"2025-03-20","status":"closed","source":"https://group.softbank/en/news/press/20250320","sourceLabel":"SoftBank Group press release","altSource":"https://www.forbes.com/sites/ywang/2025/11/26/softbank-completes-65-billion-purchase-of-ampere-computing/","confidence":"high"}],"inEdges":[],"outUsdB":90.5,"inUsdB":0,"partners":[{"id":"openai","name":"OpenAI","outUsdB":63,"inUsdB":0,"deals":3,"circular":false},{"id":"stargate","name":"Stargate JV (OpenAI, SoftBank, Oracle, MGX)","outUsdB":19,"inUsdB":0,"deals":1,"circular":false},{"id":"ampere","name":"Ampere Computing","outUsdB":6.5,"inUsdB":0,"deals":1,"circular":false},{"id":"intel","name":"Intel","outUsdB":2,"inUsdB":0,"deals":1,"circular":false}],"circularPairs":[]}