SoftBank, OpenAI set up joint business in Japan - Breaking The News
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SoftBank, OpenAI set up joint business in Japan

EPA/KIYOSHI OTA // EPA-EFE/FILIP SINGER

SoftBank Group announced a strategic partnership with OpenAI on Monday to launch a joint venture focused on advancing artificial intelligence services for Japan's top businesses.

Central to the initiative is Cristal Intelligence, an advanced enterprise AI designed to seamlessly integrate and customize systems and data for each company's needs. Under the agreement, SoftBank Group will invest $3 billion annually to deploy OpenAI's solutions across its subsidiaries, including Arm, as part of the newly formed joint venture, SB OpenAI Japan. "By automating and autonomizing all of their tasks and workflows, clients will be able to transform their businesses and services, creating new value," the statement revealed.

"This partnership with SoftBank will accelerate our vision for bringing transformative AI to some of the world's most influential companies—starting with Japan," OpenAI CEO Sam Altman stated.

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