Softbank and OpenAi reveal IA joint venture in Japan

by Andrea
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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.

Softbank and OpenAi reveal IA joint venture in Japan

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.

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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.

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“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.

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