SoftBank has announced it will spend $3 billion every year to integrate OpenAI’s technology into its operations. This includes using advanced tools like ChatGPT Enterprise and OpenAI’s custom models to improve business productivity. Alongside this, they’re launching a joint venture called “SB OpenAI Japan” to focus on marketing these AI tools to large companies in Japan.
In addition to SoftBank, its subsidiary Arm (which designs chips) will also use OpenAI’s technology to boost productivity. This collaboration shows how AI is becoming essential for big companies and could have a huge impact on industries worldwide.
In a recent event, SoftBank’s CEO, Masayoshi Son, shared his vision that “artificial general intelligence” (AGI), where AI surpasses human intelligence, could be achieved in under 10 years. However, he noted that achieving AGI would require substantial investment, something that’s mostly available from large corporations at the moment.
Meanwhile, SoftBank is in talks to help OpenAI raise up to $40 billion, which could make SoftBank OpenAI’s biggest backer, surpassing Microsoft. A portion of this funding may go toward a new project called Stargate, a joint venture with Oracle and OpenAI, aimed at advancing U.S. AI infrastructure.
For beginner investors, this partnership highlights a growing trend in AI development, especially with big companies investing heavily in AI. If you’re considering investing, this could be an opportunity to watch how AI continues to evolve. There might also be future opportunities for individual investors to get involved in AI-focused funds or companies related to SoftBank, OpenAI, or other tech giants in the space.
Investment Opportunity for Beginners
As an investor, it’s important to understand how AI is shaping the future of business. For beginners, keeping an eye on companies like SoftBank, OpenAI, or their partners like Arm and Oracle could be a great starting point. Additionally, you can look into AI-focused ETFs (exchange-traded funds), which allow you to invest in a diverse set of AI companies, reducing risk while still tapping into the growing potential of this industry.