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OpenAI, SoftBank partner to develop $3b enterprise AI platform

OpenAI and SoftBank Group have formed a partnership to launch “Cristal Intelligence,” an AI platform designed for enterprise applications.

SoftBank Group plans to invest US$3 billion annually to deploy OpenAI’s technologies, such as Cristal Intelligence and ChatGPT Enterprise, across its subsidiaries.

This initiative will enhance integration and security within company systems and will be implemented across SoftBank’s businesses.

To facilitate deployment and customization for companies in Japan, OpenAI and SoftBank will create a joint venture called SB OpenAI Japan.

Both companies will hold equal ownership in this venture, aimed at providing local enterprises with Cristal Intelligence tailored to their operational needs.

Recent SoftBank Group developments

Timeline
30-Jan-2025 🤖 SoftBank said to invest $25b in OpenAI
  • SoftBank may invest $25B in OpenAI.
  • SoftBank to become the largest backer of OpenAI.
29-Jan-2025 🤖 SoftBank may lead $500m round for Skild AI
  • SoftBank plans $500M investment in Skild AI
  • Valuation could rise to $4B from $1.5B
14-Nov-2024 📈 SoftBank posts $6.4b profit, first in three years
  • SoftBank posts ¥1T profit for first half
  • Vision Funds contribute ¥169B gain, first in 3 years
27-Apr-2023 📈 SoftBank Group taps Arm CEO as board member
  • Rene Haas nominated to SoftBank’s board
  • Arm plans US IPO, targeting $8 billion minimum
15-Apr-2020 📉 Commentary: Should Masayoshi Son step away from SoftBank Group?

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