Crypto:
32099
Bitcoin:
$79.518
% 3.96
BTC Dominance:
%57.9
% 0.90
Market Cap:
$2.61 T
% 1.11
Fear & Greed:
75 / 100
Bitcoin:
$ 79.518
BTC Dominance:
% 57.9
Market Cap:
$2.61 T

Sakana AI Announces Partnership with Nvidia!

Nvidia

Tokyo-based Sakana AI has teamed up with US chipmaker Nvidia to boost Japan’s AI community. The one-year-old startup, co-founded by Google researchers, has raised $100 million in a Series A funding round led by major investors including New Enterprise Associates, Khosla Ventures and Lux ​​Capital, with Nvidia also participating.

The funds will be invested in developing talent and infrastructure to advance “nature-inspired, sustainable and energy-efficient AI technologies.” The move comes as Japan is pushing through tax reforms to boost its local Web3 industry. The country’s financial regulator is planning a tax code overhaul that could include measures that could lower crypto asset tax rates by 2025.

Nvidia collaboration expected to boost Japan’s AI potential Sakana AI and Nvidia’s collaboration involves research, data center access and designing efficient underlying model development techniques.

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“The Sakana AI team is advancing the democratization of AI in Japan by developing innovative core models that automate and accelerate scientific discovery with Nvidia’s accelerated computing platform,” Nvidia founder and CEO Jensen Huang said in a statement.

Japan’s current AI talent pool is technically limited compared to leading cities like China and the US, according to the initiative. However, this collaboration with Nvidia is expected to raise the profile of Japan’s AI community and increase activities such as organizing events, hackathons and university collaborations.

Sakana AI said in a statement: “We aim to establish a world-class AI laboratory in Japan, developing technologies that will help Japan and its allies meet the challenges that will face throughout the 21st century.”

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