Softbank Group’s executive president, Masayoshi Son, announced on Monday (3) that I wake up with OpenAi to create a joint venture In Japan that will offer artificial intelligence services to corporate customers.
Joint Venture, SB OpenAi Japan, will be controlled by OpenAi, presided by Sam Altman, and a company created by Softbank and his Japanese telecommunications arm.
The Japanese technology investment giant will also pay $ 3 billion a year to use OpenAI technology at group companies.
Son is moving to deepen its exhibition to OpenAi, with Softbank looking to invest from $ 15 billion to $ 25 billion in the company, Reuters published last week.
Read more:
Softbank is also committing to invest $ 15 billion in Stargate, a joint venture with OpenAi and Oracle to develop AI capacity in the United States.
Continues after advertising
“The world will need a lot of computing,” Altman said during Son’s announcement.
Son and Altman also met with Japanese Prime Minister Shigeru Ishiba on Monday.