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  2. SoftBank and OpenAI set up joint company to push artificial ...

    www.aol.com/news/softbank-openai-set-joint...

    Japanese technology giant SoftBank Group and OpenAI stepped up their AI partnership Monday, setting up a 50-50 held company called SB OpenAI Japan. Cristal will first roll out in Son’s own ...

  3. SoftBank, OpenAI unveil Japan AI joint venture - AOL

    www.aol.com/news/softbank-openai-unveil-japan-ai...

    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. The ...

  4. Japan's SoftBank reports loss weeks after announcing AI ... - AOL

    www.aol.com/japans-softbank-reports-loss-weeks...

    Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen ($2.4 billion) loss for the fiscal third quarter as it racked up red ink from its Vision Fund investments. The report ...

  5. Stargate LLC - Wikipedia

    en.wikipedia.org/wiki/Stargate_LLC

    Stargate Project, incorporated in Delaware as Stargate LLC, [1] is an American multinational artificial intelligence (AI) joint venture created by OpenAI, SoftBank, Oracle, and investment firm MGX. [2] The venture plans on investing up to US$500 billion in AI infrastructure in the United States by 2029.

  6. SoftBank Group - Wikipedia

    en.wikipedia.org/wiki/SoftBank_Group

    In April 2023, it was known that Masayoshi Son's SoftBank Group would sell its early-stage venture capital arm SoftBank Ventures Asia to Singapore-based The Edgeof, a newly formed investment firm led by Son's youngest brother, Taizo Son, as SoftBank Group grappled with steep losses in a myriad of investments made around the world. [207]

  7. SoftBank in talks to lead OpenAI funding round at $300 ...

    www.aol.com/news/openai-talks-investment-round...

    (Reuters) -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 ...

  8. LY Corporation - Wikipedia

    en.wikipedia.org/wiki/LY_Corporation

    LY Corporation (LINEヤフー株式会社, Rain Yafū Kabushiki-gaisha, lit. ' Line Yahoo Corporation '), trading as LYC, [1] is a Japanese internet company owned by A Holdings, a joint venture between SoftBank Group of Japan, and Naver Corporation of South Korea, [2] founded in 2023 by the merger of Z Holdings, and four subsidiaries including Line Corporation and Yahoo!

  9. Hundreds of OpenAI’s current and ex-employees are about to ...

    www.aol.com/finance/hundreds-openai-current-ex...

    A group of current and former OpenAI employees are eligible to cash out up to $10 million worth of shares as part of the company’s $1.6 billion tender offer to SoftBank, a source has told Fortune.