SoftBank and OpenAI recently launched a 50-50 joint venture named “Crystal Intelligence” aimed at delivering enterprise AI tools in Japan. While this partnership appears to be a simple international expansion, SoftBank’s significant investment in OpenAI raises concerns about whether such collaborations truly generate economic value or merely redistribute funds within the industry. In a recent episode of TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha, and AI editor Russell Brandom discuss the skepticism surrounding this deal and its implications for the sustainability of the current AI investment landscape. For listeners interested in this evolving sector, the Equity podcast is available on platforms like Apple Podcasts, Overcast, and Spotify. Follow Equity on social media at @EquityPod for more insights.
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