Jensen Huang reveals Softbank's Masayoshi Son once offered to lend him money to buy Nvidia [Yahoo! Finance]
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Source: Yahoo! Finance
world race to acquire the Nvidia chips that are pivotal to powering today's AI revolution. But the picture was a little different just a little under a decade ago. Huang revealed at Nvidia's AI Summit in Tokyo on Wednesday that Masayoshi Son, the Japanese billionaire tech entrepreneur and founder of Softbank , offered to help him buy out Nvidia back then. “Masa said, ‘Jensen, the market doesn't understand the value of Nvidia. Your future is incredible',” Huang said on stage at a fireside chat with Son. “‘Your journey of suffering will continue for some time, so let me give you the money to buy Nvidia.' He wanted to lend me money to buy Nvidia, all of it. Now I regret not taking it.” Both men revealed that the conversation about buying Nvidia occurred a month after Son's Softbank took Arm Holdings, the U.K.-based chip designer, private in a $32 billion deal. Softbank took Arm Holdings public again last year. “We talked about combining those two companies [Nvidia and Arm Holding
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