The circular money problem at the heart of AI’s biggest deals

techcrunch.com/video/the-circular-money-problem-at-the-heart-of-ais-biggest-deals

SoftBank and OpenAI announced a new 50-50 joint venture this week to sell enterprise AI tools in Japan under the brand “Crystal Intelligence.” On paper, it’s a straightforward international expansion deal. But SoftBank’s role as a major investor in OpenAI is raising questions about…

This story appeared on techcrunch.com, 2025-11-10 23:32:36.
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