PYMNTS.com February 3, 2025
OpenAI and the SoftBank Group agreed to establish a joint venture company that will market enterprise artificial intelligence solutions to major companies in Japan.
The joint venture, SB OpenAI Japan, will market enterprise AI called “Cristal intelligence,” which will be developed and marketed by the two companies, according to a Monday (Feb. 3) press release.
In addition, SoftBank will spend $3 billion annually to integrate Cristal intelligence and existing tools like OpenAI’s ChatGPT Enterprise across its group companies, according to the release.
“This initiative will not only transform the way SoftBank Group operates but also revolutionize the way companies work in Japan and around the globe,” SoftBank Group Chairman and CEO Masayoshi Son said in the release.
SoftBank Group companies...
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