SoftBank said in a press release that it plans to automate over 100 million workflows among its companies, which could include generating financial reports, drafting documents, and managing customer inquiries.

OpenAI and SoftBank are teaming up to sell an enterprise AI system in Japan called "Cristal intelligence," powered by agents that help businesses securely use AI in a way that fits their unique needs.

KEY TAKEAWAYS OpenAI has formed a joint venture with SoftBank Group to expand artificial intelligence services for businesses globally, starting with those in Japan.The two firms have set up a 50-50 joint venture called SP OpenAI Japan to deploy their Advanced Enterprise AI system,