Oh, what a scrumdiddlyumptious mess we have here! 🍭🤪 The AI tokens are doing the waltz of doom, all because the mighty SoftBank decided to play a game of “swap-the-stakes” with NVIDIA and OpenAI. 🏦💨 Yes, the Japanese banking giant (fancy, aren’t they?) has chucked its NVIDIA shares like yesterday’s cabbage soup, all to cozy up to Sam Altman’s OpenAI. And how much, you ask? A whopping $40 billion! 🤑 But here’s the twist: Wall Street’s got its eyebrows raised higher than a giant’s hat, wondering if this AI spending spree will ever pay off. 🤔
SoftBank’s NVIDIA Tango: Two Left Feet, Twice! 💃🤦♂️
Loans, Lies, and Legal Woes! 🕵️♂️⚖️
Oh, and let’s not forget OpenAI’s CEO, Sam Altman, who’s in a spot of bother. He’s being grilled for denying he asked for federal loan guarantees for AI infrastructure. 🗣️🔍 But whispers in the wind say he did, in a letter to the White House on Oct. 27. The White House, bless their hearts, said “no, thank you.” ☕✋
With SoftBank’s NVIDIA dump, AI tokens are feeling the heat. 🔥 CoinMarketCap tells a tale of woe: Bittensor (TAO) lost 3.79% and is now sulking at $372.41. 🥴 Internet Computer (INJ) took an even bigger hit, plunging 8.69% to $6.46. 😱 Injective (BTC) and Theta (THETA) aren’t faring much better, down 3.42% and 1.77%, respectively. It’s a crypto bloodbath out there, with the market cap dropping 1.4%. 🩸📉
So, what’s the moral of this story? SoftBank’s playing musical chairs with its investments, Sam Altman’s in hot water, and AI tokens are having a meltdown. 🪑🎶🔥 Grab your popcorn, folks-this circus is just getting started! 🍿🎪
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2025-11-11 22:28