Reported 1 day ago
SoftBank and OpenAI have announced a joint venture in Japan called SB OpenAI Japan, aimed at providing AI services to businesses. SoftBank's CEO Masayoshi Son revealed that the company will invest $3 billion annually in OpenAI technologies and plans to invest between $15 billion and $25 billion in OpenAI itself. This venture marks a significant move for SoftBank as it reestablishes itself in the tech investment landscape, following a challenging period.
Source: YAHOO