SoftBank’s shares slid as much as 10% on Wednesday after the company sold its $5.8 billion stake in Nvidia, highlighting the funding pressures it faces to support its “all-in” strategy on ChatGPT creator OpenAI and other acquisitions, News.Az reports, citing Reuters. 

Asian stock markets mostly rose on Wednesday in cautious trading, following gains in U.S. equities that brought markets back to levels seen before last week’s sell-off driven by concerns over artificial intelligence.