New Delhi, Nov. 11 -- Japan's SoftBank Group Corp. on Tuesday said it had sold all its stake in Jensen Huang's Nvidia, pocketing a massive $5.83 billion with the sale, as the Masayoshi Son-led company looks to increase its AI bet significantly.

Tokyo-based SoftBank Group's sale of the Nvidia stake not only reflects a shift of focus on OpenAI but also highlights its positive outlook on AI investments at a time when investors are questioning the sheer amounts of capital chasing a technology with uncertain future returns.

SoftBank has however continued to focus on its AI investments, putting in tens of billions of dollars in OpenAI.

In February, the company's Chairman Masayoshi Son joined Donald Trump, Sam Altman of OpenAI and Larry Ellis...