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Stock impact report

OpenAI expands to Japan with Tokyo office and GPT-4 model optimized for the Japanese language [Yahoo! Finance]

RAKUTEN GROUP INC S/ADR (RKUNY) 
NASDAQ:AMEX Investor Relations: global.rakuten.com/corp/investors
Company Research Source: Yahoo! Finance
The ChatGPT -maker opened its first international office in London last year, followed by its inaugural European Union (EU) office in Dublin a few months later. Tokyo will represent OpenAI's first office in Asia and fourth globally (including its San Francisco HQ), with CEO Sam Altman highlighting Japan's "rich history of people and technology coming together to do more" among its reasons for setting up a formal presence in the region. OpenAI's global expansion efforts so far have been fairly strategic, insofar as the U.K. is a major hub for AI talent while the EU is currently driving the AI regulatory agenda . Japan, meanwhile, is also positioned prominently in the AI revolution, most recently as the G7 chair and President of the G7's Hiroshima AI Process , an initiative centered around AI governance and pushing for safe and trustworthy AI. Its choice on who will head up its new Japanese business is also notable. OpenAI Japan will be led by Tadao Nagasaki , who joins the company Show less Read more
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