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Japanese tech giant Rakuten plans to launch proprietary AI model - TL;DR CNBC

Japanese tech giant Rakuten plans to launch proprietary AI model

Publishing timestamp: 2023-12-11 01:23:01


Summary

Japan's Rakuten plans to launch its own proprietary artificial intelligence language model. The company has a large amount of unique data to train its model on and plans to use it internally to improve operational efficiency before offering it to third-party businesses. Rakuten aims to catch up with U.S. and Chinese technology giants in the development of large language models. The push into AI is expected to bring Rakuten significant profitable growth.


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Keywords: enterprise,  tencent holdings ltd,  japan,  rakuten group inc,  amazon.com inc,  technology,  microsoft corp,  alibaba group holding ltd,  business news,  alphabet inc,  internet,  united states,  baidu inc,  generative ai,  artificial intelligence, 

Source: https://www.cnbc.com/2023/12/11/rakuten-plans-to-launch-its-own-ai-model-within-next-2-months-ceo.html


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