AIRLINK 173.83 Decreased By ▼ -1.90 (-1.08%)
BOP 13.16 Increased By ▲ 0.04 (0.3%)
CNERGY 7.40 Decreased By ▼ -0.14 (-1.86%)
FCCL 43.53 Decreased By ▼ -0.38 (-0.87%)
FFL 14.85 Decreased By ▼ -0.16 (-1.07%)
FLYNG 26.41 Decreased By ▼ -0.49 (-1.82%)
HUBC 131.21 Increased By ▲ 0.98 (0.75%)
HUMNL 13.20 Decreased By ▼ -0.14 (-1.05%)
KEL 4.43 Decreased By ▼ -0.07 (-1.56%)
KOSM 6.01 Decreased By ▼ -0.05 (-0.83%)
MLCF 55.03 Decreased By ▼ -1.00 (-1.78%)
OGDC 218.82 Increased By ▲ 4.05 (1.89%)
PACE 5.92 Decreased By ▼ -0.06 (-1%)
PAEL 41.22 Increased By ▲ 0.32 (0.78%)
PIAHCLA 16.43 Increased By ▲ 0.11 (0.67%)
PIBTL 9.71 Decreased By ▼ -0.04 (-0.41%)
POWER 11.50 Decreased By ▼ -0.26 (-2.21%)
PPL 186.67 Increased By ▲ 5.19 (2.86%)
PRL 34.18 Decreased By ▼ -0.04 (-0.12%)
PTC 22.96 Decreased By ▼ -0.10 (-0.43%)
SEARL 94.00 Decreased By ▼ -1.72 (-1.8%)
SILK 1.15 Increased By ▲ 0.01 (0.88%)
SSGC 37.03 Increased By ▲ 1.58 (4.46%)
SYM 15.67 Decreased By ▼ -0.08 (-0.51%)
TELE 7.78 Decreased By ▼ -0.09 (-1.14%)
TPLP 10.87 Decreased By ▼ -0.11 (-1%)
TRG 60.36 Decreased By ▼ -0.14 (-0.23%)
WAVESAPP 10.85 Increased By ▲ 0.04 (0.37%)
WTL 1.33 Decreased By ▼ -0.02 (-1.48%)
YOUW 3.78 Increased By ▲ 0.01 (0.27%)
AIRLINK 173.83 Decreased By ▼ -1.90 (-1.08%)
BOP 13.16 Increased By ▲ 0.04 (0.3%)
CNERGY 7.40 Decreased By ▼ -0.14 (-1.86%)
FCCL 43.53 Decreased By ▼ -0.38 (-0.87%)
FFL 14.85 Decreased By ▼ -0.16 (-1.07%)
FLYNG 26.41 Decreased By ▼ -0.49 (-1.82%)
HUBC 131.21 Increased By ▲ 0.98 (0.75%)
HUMNL 13.20 Decreased By ▼ -0.14 (-1.05%)
KEL 4.43 Decreased By ▼ -0.07 (-1.56%)
KOSM 6.01 Decreased By ▼ -0.05 (-0.83%)
MLCF 55.03 Decreased By ▼ -1.00 (-1.78%)
OGDC 218.82 Increased By ▲ 4.05 (1.89%)
PACE 5.92 Decreased By ▼ -0.06 (-1%)
PAEL 41.22 Increased By ▲ 0.32 (0.78%)
PIAHCLA 16.43 Increased By ▲ 0.11 (0.67%)
PIBTL 9.71 Decreased By ▼ -0.04 (-0.41%)
POWER 11.50 Decreased By ▼ -0.26 (-2.21%)
PPL 186.67 Increased By ▲ 5.19 (2.86%)
PRL 34.18 Decreased By ▼ -0.04 (-0.12%)
PTC 22.96 Decreased By ▼ -0.10 (-0.43%)
SEARL 94.00 Decreased By ▼ -1.72 (-1.8%)
SILK 1.15 Increased By ▲ 0.01 (0.88%)
SSGC 37.03 Increased By ▲ 1.58 (4.46%)
SYM 15.67 Decreased By ▼ -0.08 (-0.51%)
TELE 7.78 Decreased By ▼ -0.09 (-1.14%)
TPLP 10.87 Decreased By ▼ -0.11 (-1%)
TRG 60.36 Decreased By ▼ -0.14 (-0.23%)
WAVESAPP 10.85 Increased By ▲ 0.04 (0.37%)
WTL 1.33 Decreased By ▼ -0.02 (-1.48%)
YOUW 3.78 Increased By ▲ 0.01 (0.27%)
BR100 12,148 Increased By 94.1 (0.78%)
BR30 37,097 Increased By 630 (1.73%)
KSE100 114,178 Decreased By -178.7 (-0.16%)
KSE30 35,310 Decreased By -37.5 (-0.11%)

TOKYO: Microsoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as it opened its first Asia office in Tokyo.

“This is just the first step in what I hope will be a long-term partnership with the people of Japan, government leaders, businesses and research institutions,” OpenAI CEO Sam Altman said in a video message.

The startup, which has caused excitement among consumers since the launch of its ChatGPT generative AI chatbot in late 2022, is looking to grow new sources of revenue globally.

Altman and Chief Operating Officer Brad Lightcap have hosted hundreds of Fortune 500 company executives in the United States and Britain this month to pitch for business, Reuters has reported.

Last year Altman said he was considering a Japan location after meeting Prime Minister Fumio Kishida.

AI talent war heats up in Europe

The startup has also opened offices in London and Dublin.

Japan hopes to take advantage of AI as it looks to compete with an increasingly assertive China, accelerate the shift to digital services and alleviate deepening labour shortages.

“We have a backlog of demand,” Lightcap told reporters in Tokyo, adding that “we expect a meaningful contribution from Japan over time,” without providing details.

OpenAI said it has a custom model optimised for the Japanese language and that Tadao Nagasaki, who was president of Amazon Web Services in Japan, is heading the Japan business.

While the country is seen as a laggard in the technology, local companies including telcos SoftBank and NTT are investing in large language models.

OpenAI’s customers in Japan include automaker Toyota Motor, manufacturer Daikin Industries and local government.

Microsoft said last week it would invest $2.9 billion over two years in cloud and AI infrastructure in Japan, part of a wave of investment globally by US tech giants.

Comments

Comments are closed.