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Japanese AI startups chosen by METI to develop domestic generative AI; government to subsidize use of Google Cloud

( February 2, 2024, 06:28 GMT | Official Statement) -- MLex Summary: Five Japanese startups and two research institutions were chosen by Japan's Ministry of Economy, Trade and Industry to develop the country's home-grown large language model. The first-of-its-kind project will be pursued by the startup companies ABEJA, Preferred Elements, Sakana AI, Stockmark, Turing, and the research institutions the Research Organization of Information and Systems and the University of Tokyo. METI had previously said that it will be providing 8.4 billion yen ($57 million) to subsidize the cost of the project's computational resources, and that it will be using Google Cloud for that purpose.The statements, in Japanese, are attached:...

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