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Stock impact report

Google Alums Go Big in Japan With Months-Old Startup Sakana AI [BNN Bloomberg (Canada)]

Sony Group Corporation American Depositary Shares (SONY) 
Company Research Source: BNN Bloomberg
Japan has given an outsized welcome to the nine-month-old venture, led by David Ha, who helped set up the Google Brain research team in Tokyo, and Llion Jones, one of the authors of the seminal paper that launched the current AI wave. The 10-person startup has won a government grant of supercomputer time and is exploring projects with heavyweights Nippon Telegraph and Telephone Corp. and Sony Group Corp. to build out Japan's AI ecosystem. Sakana is also targeting government agency work as well as subcontracts in Japan's small but growing defense industry. Sakana, whose logo sports a red fish swimming away from the rest of the group, sets out to train low-cost generative AI models using small datasets. Its team unveiled three AI models for Japanese speakers last month, part of a demonstration to show how quickly companies can ramp up AI capabilities. Ha and Jones chose to set up shop in Tokyo partly because of the country's untapped AI landscape. Despite pioneering technologies Show less Read more
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