SoftBank, OpenAI Set Up 50-50 Stake Companies

Japanese technology giant Softbank Group and U.S. OpenAI established a 50-50 stake company called SB OpenAI Japan on the 3rd to strengthen AI partnerships.

Softbank CEO Son Jeong-ui and OpenAI CEO Sam Altman discussed collaboration and invited Japanese companies at an event in Tokyo.

Sohn, who held a shiny blue crystal bead as an iconic prop, said his AI service crystal can be used by companies to plan, market, email, and find out existing source codes.

The crystals will first be rolled out by Son’s SoftBank Group company, which includes semiconductor and software company Arm and electronic payment service PayPay. SoftBank said it plans to spend $3 billion a year to integrate the crystals across the company.

“This is going to bring tremendous information to the company. I’m really excited,” Son said on “Transformation Business” through AI.

Oldman said “in-depth research” has shown ChatGPT can enable it to perform more complex tasks, including navigating the web, preparing reports and finding thousands of sources much faster than human workers.

He said in-depth research would be possible in Japanese in Japan.

“This partnership with SoftBank will accelerate our vision to bring innovative AI to some of the most influential companies in the world, starting with Japan,” Altman continued.

SoftBank and OpenAI, along with Oracle, are part of the Stargate project, which is supported by President Donald Trump’s investment of up to $500 billion in artificial intelligence infrastructure in the United States.

Son said Stargate will be expanded to Japan as well as other countries.

The technology sector was shaken by the recent announcement by Chinese start-up Dipsyk that it has released a very smart yet low-cost AI.

EJ SONG

US ASIA JOURNAL

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