Skip to main content

Market Overview

SoftBank Signs Agreement To Resell Perplexity Enterprise Pro, Deploying 7,000 Sales Members To Drive Adoption

Share:
SoftBank Signs Agreement To Resell Perplexity Enterprise Pro, Deploying 7,000 Sales Members To Drive Adoption

SoftBank Corp. (OTC:SFTBY) has signed an agreement with Perplexity to become an authorized reseller of Perplexity Enterprise Pro, leveraging its 7,000-member sales team to accelerate adoption across Japanese corporations.

What Happened: Perplexity CEO Aravind Srinivas announced the partnership Monday on X, noting that SoftBank’s decision followed internal adoption and evaluation against competing tools. This distribution agreement makes SoftBank the first authorized reseller of Perplexity Enterprise Pro and marks a significant milestone in Perplexity’s international expansion strategy.

“This partnership with SoftBank represents a key step in our global expansion strategy,” Perplexity stated in a blog post announcing the collaboration. The agreement builds upon an existing alliance between Perplexity, SoftBank, Y!Mobile, and LINEMO that began in June 2024.

Before offering Enterprise Pro to corporate clients, SoftBank implemented the solution across its internal teams over a six-month validation period.


See Also: Jim Chanos Slams Palantir Management For Continuing To ‘Ridicule’ Skeptics While Executives Sell $328 Million Worth Of Stock

Why It Matters: The partnership emerges amid SoftBank’s aggressive AI infrastructure expansion. Last week, SoftBank announced plans to acquire Sharp Corp‘s LCD factory in Osaka Prefecture for approximately $676 million to develop a large-scale AI data center with a 150-megawatt capacity by 2026, supporting its strategic partnership with OpenAI.

SoftBank is reportedly negotiating a potential investment of $15-25 billion in OpenAI, which would make it the largest investor in the ChatGPT creator, surpassing Microsoft Corp.‘s (NASDAQ:MSFT) $14 billion stake. The Japanese conglomerate is also participating in Project Stargate, a $500 billion joint venture with OpenAI and Oracle Corp. (NYSE:ORCL) announced by President Donald Trump in January.

By implementing Perplexity Enterprise Pro, Japanese corporations will join over 7,000 organizations currently using the platform, including NVIDIA Corp. (NASDAQ:NVDA), Databricks, Stripe, Zoom, and Snowflake, collectively executing nearly 20 million queries daily.

Read Next:

Image Via Shutterstock

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

 

Related Articles (MSFT + NVDA)

View Comments and Join the Discussion!

Posted-In: Aravind Srinivas benzinga neuro Jim ChanosEquities News Short Sellers Markets Tech

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com