SoftBank Returns: The AI Hype Cycle Implodes

SoftBank and OpenAI Collaboration: Unpacking the Intriguing Joint Venture

SoftBank and OpenAI recently unveiled a groundbreaking 50-50 joint venture in Japan, introducing the world to “Crystal Intelligence,” a brand dedicated to offering cutting-edge enterprise AI solutions. While the partnership appears to be a standard international expansion endeavor, the fact that SoftBank holds a significant stake in OpenAI has sparked debates regarding the actual economic impact of major AI deals. Are these collaborations truly generating tangible value, or are they simply shuffling funds around?

During a riveting discussion on TechCrunch’s Equity podcast, industry experts Kirsten Korosec, Anthony Ha, and AI editor Russell Brandom delve into the reasons behind the skepticism surrounding this particular deal and what it signifies for the sustainability of AI’s current investment landscape.

The episode covers a range of compelling topics, including:

• Insights from Box CEO Aaron Levie regarding the potential AI bubble at TechCrunch Disrupt 2025 and the reassuring implications of the industry’s shift from training to inference

For a comprehensive analysis, tune in to the complete episode of Equity on popular podcast platforms such as Apple Podcasts, Overcast, and Spotify. Stay updated on Equity’s latest updates and discussions by following Equity on Twitter and Threads at @EquityPod.