In accordance with PANews, the Japanese government will collaborate with the private sector to launch a large-scale project to develop a national artificial intelligence system valued at approximately 30 billion yen (around 190 billion USD). The project is expected to see SoftBank Group and more than a dozen other Japanese companies form a new company in spring next year to develop Japan's largest foundational AI model. The new company, led by SoftBank, will bring together around 100 experts selected through corporate competitions, including SoftBank engineers and developers from Preferred Networks. The Japanese government emphasized that AI directly impacts industrial competitiveness and national security, and over-reliance on foreign technology poses strategic risks, one of the reasons for launching the project.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
