According to a report by the Financial Times, SoftBank is actively pursuing a partnership with OpenAI as its CEO, Masayoshi Son, plans a series of deals following the initial public offering (IPO) of Arm. SoftBank, a Japanese multinational conglomerate, is known for its investments in technology companies and has been exploring various avenues to expand its portfolio.
The potential tie-up with OpenAI, a leading artificial intelligence research organization, aligns with SoftBank’s strategy of investing in cutting-edge technologies. OpenAI, co-founded by Elon Musk and others, focuses on developing AI systems that are safe and beneficial for humanity. By collaborating with OpenAI, SoftBank aims to leverage their expertise and advance its AI capabilities across its diverse range of businesses.
This move comes as Masayoshi Son plans to embark on a deal spree following the IPO of Arm, a semiconductor and software design company. SoftBank acquired Arm in 2016 and is now preparing for its public listing, which is expected to