SoftBank Group chief executive officer Masayoshi Son on Monday, February 3, announced that he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporate clients.
The mentioned joint venture was named SB OpenAI Japan. This brand will be owned by OpenAI and a company established by SoftBank and its domestic telecom arm.
It is also known that the Japanese investment giant will pay $3 billion annually for the use of OpenAI’s technology in SoftBank group firms.
Last week, the media published information according to which Masayoshi Son intends to expand his exposure in the company headed by Sam Altman. SoftBank is currently considering investing between $15 billion and $25 billion in OpenAI. It is worth noting that this is preliminary information.
SoftBank is also committing $15 billion to Stargate, a joint venture with OpenAI and Oracle to build artificial intelligence capacity in the United States.
Masayoshi Son has high hopes for AI. For example, he expects artificial intelligence to surpass the human mind.
It is worth noting that against the background of the active development and scaling of AI, the issue of cybersecurity is growing in urgency. Scammers also have access to AI tools, which is why their activities have become more sophisticated. To counteract the corresponding threat in the virtual space, personal awareness of users is important. For example, an Internet search query such as how to know if my camera is hacked will allow anyone to get information about signs of unauthorized access to the device. Digital literacy is an effective tool for countering cybercrime.
