SoftBank Group CEO Masayoshi Son on Monday said he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporate customers. The joint venture,

They will seek the support of hundreds of Japanese companies to build data centre and other AI-supporting hardware. Read more at straitstimes.com.

SoftBank and OpenAI will host a gathering of more than 500 Japanese companies in Tokyo on Monday. They will seek the participation of a wide range of industries -- from transportation and logistics to manufacturing, pharmaceuticals and finance -- with an eye toward tapping into their data troves to develop generative AI for industry.

SoftBank inked a $3 billion deal with OpenAI in a joint venture to market OpenAI tech in Japan with its newly-minuted "Cristal Intelligence" suite of tools.

OpenAI and SoftBank are teaming up to sell an enterprise AI system in Japan called "Cristal intelligence," powered by agents that help businesses securely use AI in a way that fits their unique needs.

SoftBank and OpenAI announced Monday that they were forming a joint venture to develop and market a new product called Cristal Intelligence, which will build off of OpenAI’s latest reasoning models to create AI agents that will complete tasks without human intervention.

KEY TAKEAWAYS OpenAI has formed a joint venture with SoftBank Group to expand artificial intelligence services for businesses globally, starting with those in Japan.The two firms have set up a 50-50 joint venture called SP OpenAI Japan to deploy their Advanced Enterprise AI system,

Japanese Prime Minister Shigeru Ishiba met with Sam Altman of OpenAI and Masayoshi Son of Softbank in Tokyo on Monday, and discussed artificial intelligence (AI) investment. Ishiba has said he wants to increase “cooperation in the field of AI” and will discuss the matter with US President Donald Trump at a summit meeting on February