A New Dawn for AI: SoftBank and OpenAI Join Forces in Japan

Read Artificial Intelligence General Updates

Date: 4th Feb, 2025 Source: In-House Country: Turkey

Brief

On April 2, 2025, the Ministry of Trade issued an update regarding Softbank and OpenAI Announce Japan AI Joint Venture. SoftBank Group CEO Masayoshi Son announced a partnership with OpenAI CEO Sam Altman to provide artificial intelligence services to corporate clients in Japan. The joint venture, SB OpenAI Japan, will be owned by OpenAI and SoftBank's local telecommunications subsidiary, with SoftBank committing $3 billion annually for the use of OpenAI technology across its group companies.

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