SoftBank Group is in talks to lead a funding round of up to $40 billion in artificial intelligence developer OpenAI at a valuation of $300 billion, including the new funds, sources said, in what could be a record single funding round for a private company.

O SoftBank Group negocia para investir até US$ 25 bilhões na OpenAI, um movimento que poderia torná-lo o maior patrocinador da startup de inteligência artificial.

SoftBank and OpenAI launch SB OpenAI Japan, a joint venture focusing on AI services for Japanese corporations.

Japanese technology giant SoftBank Group and OpenAI are stepping up their partnership in artificial intelligence, setting up a 50-50 held company called SB OpenAI Japan

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,