SoftBank and OpenAI formed the SB OAI Japan joint venture.

SoftBank, a Japanese multinational conglomerate holding company, and OpenAI, an American artificial intelligence research laboratory, formed the SB OAI Japan joint venture, to support the digital transformation of Japanese companies. Financial terms were not disclosed. “This marks the start of a new era of innovation that will transform how people work and businesses are managed. With the launch of SB OAI Japan, AI agents will understand our goals and collaborate with each other to autonomously carry out tasks we want them to perform. Together with OpenAI, we’re driving the AI revolution to the next stage," Masayoshi Son, SoftBank Chairman and CEO.