SoftBank inked a $3 billion deal with OpenAI in a joint venture to market OpenAI tech in Japan with its newly-minuted "Cristal Intelligence" suite of tools.

SoftBank Group is deepening its artificial intelligence (AI) ambitions through a new $3 billion deal with OpenAI, reinforcing its long-term commitment to AI-driven enterprise solutions. The newly formed joint venture,

The 50-50 joint venture will begin offering the services first in Japan and establish a model for global adoption, the companies said Monday.