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☆ Why Japan is lagging behind in generative A.I. — and how it can create its own large language models
  + stars: | 2023-07-07 | by ( Audrey Wan | ) www.cnbc.com   time to read: +7 min
But the nation is lagging behind in the generative AI race and is trying to create its own large language models. Generative AI has been the trendiest topic in tech since OpenAI made waves with its chatbot ChatGPT. Key to generative AI development are large language models which underpin the likes of ChatGPT and Baidu's Ernie Bot, capable of processing vast data sets to generate text and other content. Japanese companies pursuing generative AIBig Tech players have also joined the fray to boost Japan's standing in generative AI. While it has yet to catch up in the generative AI space, Japan is making its first stride with these private sector efforts.
Persons: Goldman Sachs, Ernie Bot, Noriyuki Kojima, Kojima, Fumio Kishida, Sam Altman, Masayoshi, Son, Amir Anvarzadeh, Anvarzadeh, CyberAgent, Bloom Organizations: Getty, Japan, Technology, Reuters, Microsoft, Google, Ministry of Economy Trade, Industry, IMD, Nikkei, Tokyo Institute of Technology, Tohoku University, Fujitsu, Riken, Japanese, Big Tech, SoftBank Group, SB Energy, Toyota Tsusho, Fortress Investment, Vision Fund, Asymmetric Advisors, NTT, Local Locations: Japan, China, Europe, Nikkei Asia, Government, Tohoku, Hokkaido, SoftBank
☆ Japan Inc strives to lure skilled workers as inflation, labour crunch bite
  + stars: | 2023-01-30 | by ( Tetsushi Kajimoto | ) www.reuters.com   time to read: +7 min
[1/2] A worker assembles an air drill at the factory of manufacturer Katsui Kogyo in Higashiosaka, Japan June 23, 2022. About a quarter of Japanese firms have offered inflation allowances or plan to do so, said corporate credit research firm Teikoku Databank. read moreThe private sector expects the drive to help boost productivity, meshing with Prime Minister Fumio Kishida's "new capitalism" initiative on wealth distribution that put a top priority on wage hikes. "Bonuses or inflation allowances would have only a limited impact on easing the pain of cost-push inflation, as consumers tend to save one-off payouts rather than spend," added Kiuchi, now an executive economist at the Nomura Research Institute. Workers have high expectations from this year's labour talks, which they hope will counter cost-push inflation while tackling the tight labour market to help boost the economy.
☆ Up, down, up again: Japan's soccer-related stocks mirror Samurai Blue's performance
  + stars: | 2022-12-02 | by ( Nobuyo Saito | ) www.reuters.com   time to read: +2 min
TOKYO, Dec 2 (Reuters) - Japanese shares of soccer-related companies had a good day on Friday as they mirrored the national team's roller-coaster performance at the World Cup where the "Samurai Blue" delivered another shocking win, this time over global powerhouse Spain. Having also beaten four-times champions Germany in their first match last week, Japan advances to the knockout round at the top of the table. Access to the company's streaming platform hit a record of more than 10 million the day Japan clinched a surprise victory over Germany. "We're especially fielding a lot of calls about the limited-edition soccer boots that the Samurai Blue are wearing," a Mizuho spokesperson said. Pub operator Hub said COVID-19 could cloud comparisons against the last World Cup in 2018, but that "there's big hope riding" on the rest of the tournament.
☆ Germany-Japan World Cup match a big draw for viewers in Japan, less so in Germany
  + stars: | 2022-11-24 | by ( ) www.reuters.com   time to read: +1 min
BERLIN/TOKYO, Nov 24 (Reuters) - The Germany-Japan World Cup match on Wednesday prompted record access numbers for Japanese online streaming platform Abema, while viewership in Germany more than halved from the national team's opening match four years ago, data showed. Some 9.2 million people tuned in to German broadcaster ARD's coverage to see the match, according to data from audience measurement firm AGF. In the 2018 World Cup, 25.96 million viewed Germany's first match against Mexico. The match, in which Japan scored a stunning 2-1 upset over four-times champions Germany, took place at 2 p.m. local time in Germany, when many people were at work. Millions more viewed the match on streaming platform Abema, where access reached a record of more than 10 million on Wednesday helped by the match, according to parent company CyberAgent Inc. (4751.T).
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