SoftBank inked a $3 billion deal with OpenAI in a joint venture to market OpenAI tech in Japan with its newly-minuted "Cristal Intelligence" suite of tools.

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 joint venture,

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