> SoftBank, OpenAI joint venture to offer AI for companies: Son / 36WZ266
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SoftBank, OpenAI joint venture to offer AI for companies: Son / 36WZ266
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Description
Japan's SoftBank Group will form a joint venture with US tech giant OpenAI to offer advanced artificial intelligence to businesses, SoftBank chief executive Masayoshi Son announced on Monday.
"A memorandum of understanding has just been formally signed between Softbank and Open AI to establish a 50-50 joint venture," Son said as he outlined the services of a new AI product called Cristal. SOUNDBITES