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SoftBank and OpenAI announced New 50-50 joint venture This week to sell enterprise AI tools in Japan under the “Crystal Intelligence” brand. On paper, it’s a clear international expansion deal. But SoftBank’s role as a lead investor in OpenAI raises questions about whether the biggest AI deals are creating real economic value or just moving money around in circles.
On TechCrunch justice Podcast, Kirsten Korosek, Anthony Ha, and AI editor Russell Brandom explain why people are skeptical of this deal, what it suggests about the sustainability of the current AI investment model, and more.
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