:max_bytes(150000):strip_icc()/GettyImages-2197366745-ad853312452a405f93b0bbebc6c1aeee.jpg?resize=1500,1000&ssl=1 "OpenAI, SoftBank Form Joint Venture for AI Services")
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, which they have dubbed “Cristal intelligence.”
- SoftBank, whose portfolio of companies includes chip-design giant Arm Holdings, will also spend $3 billion a year to deploy Cristal across its businesses.
OpenAI has…
Article Source
https://www.investopedia.com/openai-softbank-form-joint-venture-for-ai-services-8784714
