SoftBank and OpenAI set up joint company to push artificial intelligence services
Monday, 3 February 2025 () 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. Son said AI service Cristal will first roll out in the 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.
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