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Stock impact report

Google Alums Go Big in Japan With Months-Old Startup Sakana AI [Financial Post (Toronto, Ontario, Canada)]

Sony Group Corporation American Depositary Shares (SONY) 
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Sakana AI, a Tokyo-based startup founded by former Google researchers, is capitalizing on a surge in interest among Japanese firms seeking to catch up in artificial intelligence. 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. Article content 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. Article content Sakana, whose logo sports a red fish swimming away from the rest of the group, set Show less Read more
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