SoftBank

SoftBank, OpenAI Announce Joint Venture To Offer AI For Companies

by

Tokyo: Japan’s SoftBank Group will form a joint venture with US tech giant OpenAI to offer advanced artificial intelligence to businesses, the two companies announced on Monday. “A memorandum of understanding has just been formally signed between Softbank and OpenAI to establish a 50-50 joint venture,” SoftBank chief executive Masayoshi Son said as he outlined … Read more

SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI

by

SoftBank is in talks to invest up to $25 billion (roughly Rs. 2,16,450 crore) in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector. SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may … Read more