TMUS - SoftBank exits bulk of stake in Alibaba in shift to AI investment - report
2024-05-13 11:40:15 ET
SoftBank (OTCPK:SFTBY) reportedly said it has moved out of nearly its entire stake in Alibaba ( BABA ), highlighting its shift toward investing in technology focused on artificial intelligence.
SoftBank exits bulk of stake in Alibaba in shift to AI investment - report