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SoftBank and OpenAI have formed a 50-50 joint venture in Japan to sell enterprise AI tools under the brand ‘Crystal Intelligence.’ This deal has sparked debates about whether AI investments are creating real economic value or just moving money in circles. The partnership highlights the growing circular nature of AI deals and raises questions about their long-term sustainability. On TechCrunch’s Equity podcast, experts analyze the implications of this deal and its significance for the AI investment model. This article is worth reading because it provides insight into the evolving dynamics of AI investment and its impact on the tech industry.

Key facts

• SoftBank and OpenAI have launched a joint venture in Japan to sell enterprise AI tools under the brand ‘Crystal Intelligence.’
• The partnership has raised concerns about whether AI investments are generating real economic value or merely moving money in circles.
• The deal reflects the increasing circular nature of AI deals and questions about their long-term sustainability.
• TechCrunch’s Equity podcast discusses the implications of this partnership and the broader AI investment model.
• Experts on the podcast analyze the significance of this deal for the future of AI and its impact on the tech industry.