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SoftBank and OpenAI will establish a joint venture to jointly develop advanced enterprise artificial intelligence 'Cristal intelligence'.
PANews, February 3rd, according to Jinse, SoftBank Group announced a partnership with OpenAI to jointly develop and sell advanced enterprise artificial intelligence called “Cristal intelligence”. SoftBank will invest $3 billion annually to deploy OpenAI’s solutions in its group companies. SoftBank and OpenAI also announced the establishment of a new joint venture called “SB OpenAI Japan”, which will specialize in promoting OpenAI’s enterprise technology to large Japanese companies, with each party holding a 50% stake. SoftBank CEO Masayoshi Son believes that Artificial General Intelligence (AGI) will become a reality in less than 10 years and believes that “AGI can be implemented first in large enterprise businesses”. He added that achieving this goal requires “considerable amounts of funding”, which “only large companies currently possess”.