SoftBank commits to joint venture with OpenAI, will spend $3 billion per year on OpenAI's tech
1. SoftBank to invest $3 billion annually in OpenAI tech across its subsidiaries. 2. New joint venture, SB OpenAI Japan, focuses on enterprise tech marketing in Japan. 3. SoftBank's funding could surpass Microsoft's stake in OpenAI, raising competitive concerns. 4. AGI predicted to be achieved in less than 10 years in large enterprises. 5. Emerging competition from DeepSeek adds pressure in the generative AI market.