Why did SoftBank sell off its Nvidia stake?

On today’s episode, co-hosts Yasmin Gagne and Josh Christensen discuss the latest news in business and innovation, including Cloudflare’s glitch that briefly broke half the internet, the U.S. House’s overwhelming vote to release all remaining Jeffrey Epstein files, and Anthropic’s discovery of what may be the first largely AI-led global cyber-espionage campaign. In addition, they talk about Jeff Bezos reentering the spotlight with a mysterious new AI venture; the latest on media industry shake-ups, including the bidding war for Warner Bros. Discovery; Disney’s truce with YouTube TV; a major settlement between NPR and the Corporation for Public Broadcasting; and how Google introduced Gemini 3 along with its enigmatic Antigravity coding platform. Next, Fast Company senior writer Mark Sullivan joins the conversation to discuss SoftBank and Peter Thiel’s surprising decision to dump Nvidia stock despite the company’s blowout earnings. Finally, Harvey Spevak, executive chairman and managing partner of Equinox Group, shares how the company rebuilt after COVID, why it’s expanding globally, and why it ditched Kiehl’s for Grown Alchemist. For more of the latest business and innovation news, go to https://www.fastcompany.com/news To learn more about Mark Sullivan’s coverage on Softbank, read:Why did SoftBank sell off its Nvidia stake?