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The circular money problem at the heart of AIs biggest deals
SoftBank and OpenAI announceda new 50-50 joint venturethis week to sell enterprise AI tools in Japan under the brand Crystal Intelligence. On paper,itsa straightforward international expansion deal. But SoftBanks role as a major investor in OpenAI is raising questions about whether AIs biggest deals are creating real economic value or just moving money in circles. []
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