tl;dr
OpenAI, backed by Microsoft (NASDAQ:MSFT), has established its first office in Asia, located in Tokyo. The company has unveiled a customized GPT-4 model tailored for the Japanese language. Tadao Nagasaki, former president of Amazon Web Services' (AMZN) Japan arm, has been appointed as the new presid...
OpenAI, backed by Microsoft (NASDAQ:MSFT), has established its first office in Asia, located in Tokyo. The company has unveiled a customized GPT-4 model tailored for the Japanese language. Tadao Nagasaki, former president of Amazon Web Services' (AMZN) Japan arm, has been appointed as the new president of OpenAI Japan. Nagasaki will oversee commercial and market engagement efforts, as well as the development of a local team to drive various functions in Japan. OpenAI will offer local businesses early access to the GPT-4 custom model designed for the Japanese language. The model promises improved performance in translation and summarization of Japanese text, cost efficiency, and 3x faster operation compared to its predecessor. The company's new local presence aims to strengthen connections with businesses like Daikin, Rakuten, and Toyota Connected, which utilize ChatGPT Enterprise for automating business processes, aiding in data analysis, and enhancing internal reporting. In January 2023, Microsoft announced a substantial investment in OpenAI, shortly after the launch of the AI chatbot ChatGPT.
More about Microsoft Corporation
Microsoft Corporation is an American multinational technology company which produces computer software, consumer electronics, personal computers, and related services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.
Industry: TECHNOLOGY
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Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.
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