OpenAI will provide its AI research, technology, and engineering support to the JV, and SoftBank Corp. its sales staff and engineers. Chip designer Arm, which is majority-owned by SoftBank, will offer its compute platform to help meet the computational demands of Cristal intelligence.

KEY TAKEAWAYS OpenAI has formed a joint venture with SoftBank Group to expand artificial intelligence services for businesses globally, starting with those in Japan.The two firms have set up a 50-50 joint venture called SP OpenAI Japan to deploy their Advanced Enterprise AI system,

SoftBank Group CEO Masayoshi Son on Monday said he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporate customers.