SoftBank, OpenAI launch new joint venture in Japan as AI deals grow ever more circular

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If you look at how AI deals are conducted these days, it seems AI companies and their investors are imitating the circle of life. Only, it’s a circle of profit that ensures the money eventually comes back to their own coffers.



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SoftBank, OpenAI launch new joint venture in Japan as AI deals grow ever more circular


If you look at how AI deals are conducted these days, it seems AI companies and their investors are imitating the circle of life. Only, it’s a circle of profit that ensures the money eventually comes back to their own coffers.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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