SoftBank and OpenAI set up joint company to push artificial intelligence services

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SoftBank and OpenAI set up joint company to push artificial intelligence services
Sam AltmanOpenai IncArtificial Intelligence
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Japanese technology giant SoftBank Group and OpenAI are stepping up their partnership in artificial intelligence, setting up a 50-50 held company called SB OpenAI Japan. SoftBank Chief Masayoshi Son and OpenAI Chief Sam Altman appeared together at an event in Tokyo on Monday.

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Cristal will first roll out in Son’s own SoftBank Group companies, which include Arm, a semiconductor and software company, and PayPay, an electronic payment service. SoftBank said it plans to spend $3 billion a year to integrate Cristal across its companies. “This will be super-intelligence for the company. I’m so excited,” Son told reporters and other participants at the Transforming Business through AI event.to carry out more complicated tasks, including preparing reports by browsing the web and finding thousands of sources far more quickly than a human worker.

The technology sector has been shaken by the recent announcement from Chinese newcomer DeepSeek that it has come up with very smart but low-cost AI.Trump says Americans could feel ‘some pain’ from tariffs as he threatens more import taxes

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