News On Japan

Softbank Unveils 'Crystal' in Partnership With OpenAI

TOKYO, Feb 03 (News On Japan) - SoftBank Group Chairman and CEO Masayoshi Son and OpenAI CEO Sam Altman have launched a new AI services company in Japan, aiming to drive innovation in enterprise AI. At the unveiling, Son introduced the company’s first service, "Crystal," which he described as a revolutionary AI solution that will transform business operations.

Addressing an audience of 500 corporate executives, he emphasized that Crystal will integrate corporate data, such as human resources information, to provide strategic advice. In the future, he suggested, AI could even take over key business functions like sales, enhancing efficiency and competitiveness. He underscored the significance of AI adoption, stating that companies using Crystal will have an overwhelming advantage, comparing the gap to "a machine gun and a sword."

The new venture comes as Japan seeks to regain its standing in AI development amid rapid advancements by global competitors. OpenAI’s involvement signals a strategic partnership, with Altman bringing his expertise to the initiative. During the launch, he addressed concerns over the rise of DeepSeek, a Chinese company that has developed a ChatGPT-like AI at a lower cost. Altman stressed that ensuring AI safety requires significant effort but noted that once security is guaranteed, AI technologies will be readily accepted. OpenAI is currently investigating whether any Chinese firms have improperly used its technology, highlighting growing concerns over AI competition and intellectual property.

Beyond Crystal, SoftBank and OpenAI have already announced a major collaboration in the United States. Their joint initiative, "Stargate," involves an investment of 78 trillion yen and aims to drive large-scale AI research and deployment. Altman predicted that AI will soon enable breakthroughs at an unprecedented pace, with decades' worth of discoveries occurring in just a year and centuries' worth in the next. He suggested that such rapid advancements will have a profound impact on both economic growth and quality of life.

With this partnership, SoftBank and OpenAI are making a bold move to place Japan at the forefront of AI innovation. As AI continues to reshape industries, the success of this initiative could determine Japan’s ability to compete in the increasingly AI-driven global economy.

Source: TBS

News On Japan
POPULAR NEWS

As Japan faces an ongoing decline in its birthrate and aging population, the Ministry of Internal Affairs and Communications has released data showing the country’s total population.

Record heavy rainfall hit Kagoshima Prefecture, and residents began recovery work on September 9th. In Kirishima, where the first heavy rain special warning of the year was issued, rivers overflowed, and muddy water flowed into residential areas.

Japan’s population of Japanese nationals has decreased for the 16th consecutive year, according to demographic data released by the Ministry of Internal Affairs and Communications. As of January 1st, 2025, the Japanese population stood at 120.65 million, a drop of roughly 910,000 from the previous year—marking the largest annual decline on record.

A severe and prolonged heatwave is taking a widespread toll across Japan, affecting everything from traditional summer events to vegetable harvests and dairy farms.

Authorities have launched a full investigation into the fire that broke out during the Minato Mirai fireworks festival in Yokohama, where five workers had to be rescue from an exploding barge.

MEDIA CHANNELS
         

MORE Business NEWS

Tesla has opened its first direct store in Okinawa, located in the city of Tomigusuku.

The iconic stick-shaped chocolate snack Pocky has been officially registered as a three-dimensional trademark, marking a major milestone for manufacturer Ezaki Glico.

Seven & i Holdings has announced a new mid-term strategy targeting the addition of 2,300 stores globally by 2030—1,000 in Japan and 1,300 overseas—amid concerns that the company has grown complacent in its dominant market position.

A severe and prolonged heatwave is taking a widespread toll across Japan, affecting everything from traditional summer events to vegetable harvests and dairy farms.

The impact of Trump-era tariffs is being strongly felt. Mazda has announced its financial forecast for the fiscal year through March 2026, which had previously been left undecided due to the uncertainty surrounding the tariffs.

Japan’s government plan to flood the market with stockpiled rice to lower prices is facing setbacks, as demand slumps and cancellations from retailers increase. Initially popular, the rice is now piling up on shelves, prompting calls to extend the end-of-August sales deadline. Even discounted imported rice is struggling to sell. Meanwhile, rice prices have unexpectedly risen for the first time in 10 weeks.

A severe water shortage is spreading across Japan, triggering fears of a significant impact on this year’s rice harvest and prompting farmers and local governments to call for urgent conservation efforts. Some are warning that the current situation may rival or even exceed the infamous drought of 1994, known as the "Heisei Great Drought."

Japan's national average hourly minimum wage for this fiscal year has been set at 1,118 yen, marking a record increase of 63 yen from the previous year.