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Stock impact report

OpenAI Taps Ex-Amazon Executive to Head Enterprise Push in Japan [BNN Bloomberg (Canada)]

RAKUTEN GROUP INC S/ADR (RKUNY) 
NASDAQ:AMEX Investor Relations: global.rakuten.com/corp/investors
Company Research Source: BNN Bloomberg
The artificial intelligence darling is opening an office in Tokyo as it releases a custom GPT-4 model catering to Japanese language users. OpenAI said it has 2 million weekly active users in the country, while its enterprise clients include Daikin Industries Ltd., Rakuten Group Inc. and an affiliate of Toyota Motor Corp. “We want to build a track record through repeated dialogue with companies in Japan,” said Tadao Nagasaki, the newly-named Japan president for OpenAI, during a news conference Monday. The Tokyo office — OpenAI's third overseas outpost following offices in London and Dublin — will grow to about 10 to 20 workers this year, he said. The startup is banking on surging demand for the corporate version of ChatGPT even as it confronts more rivals offering similar products for the workplace. It launched the business version of ChatGPT in August, adding privacy safeguards including data encryption and a promise that it won't use information from customers to develop its tec Show less Read more
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