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Home DisruptiveTECH

OpenAI, SoftBank Launch $3 Billion 50-50 AI Joint Venture, SB OpenAI Japan

…for business operations

by Joan Aimuengheuwa
February 3, 2025
in DisruptiveTECH
0
OpenAI, SoftBank Launch $3 Billion 50-50 AI Joint Venture, SB OpenAI Japan
Masayoshi Son, SoftBank CEO and Sam Altman, OpenAI CEO/Source: Kim Kyung-Hoon/Reuters

Masayoshi Son, SoftBank CEO and Sam Altman, OpenAI CEO/Source: Kim Kyung-Hoon/Reuters

UBA
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OpenAI and Japan’s SoftBank Group have entered into a joint venture aimed at providing artificial intelligence (AI) services to businesses across Japan. 

The announcement, made on Monday, will enable OpenAI to expand its reach outside of the United States.

The new venture, named SB OpenAI Japan, is a 50-50 collaboration between OpenAI and SoftBank’s telecommunications arm. The companies have agreed that SoftBank will allocate $3 billion annually to integrate OpenAI’s advanced technology across its wide range of operations. 

Looking to develop its tech portfolio, SoftBank’s CEO, Masayoshi Son, confirmed the collaboration, stating, “A Memorandum of Understanding has just been formally signed between Softbank and OpenAI to establish a 50-50 joint venture.”

Son further introduced an innovative AI tool called Cristal, designed to assist businesses in real-time by processing system data, reports, emails, and meetings.

OpenAI’s CEO, Sam Altman, who is currently on a global tour that includes Tokyo, said, “The world is going to just need so much computing.” 

Altman, alongside Son, also met with Japan’s Prime Minister, Shigeru Ishiba, to discuss the potential impact of this collaboration on Japan’s business sector.

This venture is also a means for OpenAI to expand its influence in the Asian market, and SoftBank’s financial commitment reiterates its intent to make investments in the AI field. 

The partnership will see SoftBank’s group companies leverage OpenAI’s technology to further innovate and enhance their operations.

The announcement coincides with rapid AI developments, particularly with the emergence of new AI models like DeepSeek, which has raised questions about the noteworthiness of US-based companies. However, with SoftBank’s backing, OpenAI is thriving to boost its leadership in the AI space, both in Japan and globally.

The joint venture aims to decentralise AI adoption worldwide, with Japan serving as a key entry point for the wider Asian market. Through this collaboration, the two tech giants hope to enhance AI integration into corporate operations, ultimately influencing AI in business across the globe.

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Tags: AIAI for businessesMasayoshi SonOpenAISam AltmanSB OpenAI JapanSoftBank
Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

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