From Financial Modeling Prep: 2025-02-03 02:16:25

SoftBank and OpenAI have joined forces to create SB OpenAI Japan, a venture focused on providing advanced AI services to Japanese businesses. SoftBank will invest $3 billion annually to integrate OpenAI’s services across its companies, with plans to potentially invest up to $25 billion in OpenAI. Arm Holdings, owned by SoftBank, plays a crucial role in AI development. The partnership aims to position Japan as a leader in AI-driven enterprise solutions amidst global AI developments.



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