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Daiwa to start using AI chatbot spurned by Wall Street banks

Business Apr 19, 2023

Daiwa to start using AI chatbot spurned by Wall Street banks

Japan’s second-biggest brokerage plans to adopt the ChatGPT technology from this month for all of its 9,000 domestic employees, adding that it has "limitless potential.”

SkyDrive's $1.5 million 'flying car' gets its first private customer

Business / Tech Apr 15, 2023

SkyDrive's $1.5 million 'flying car' gets its first private customer

by Elizabeth Beattie

SkyDrive started accepting orders from private customers on Thursday and plans to ship the aircraft as early as 2025.

Elon Musk plans AI startup to rival OpenAI, report says

Business / Tech Apr 15, 2023

Elon Musk plans AI startup to rival OpenAI, report says

Musk is reportedly assembling a team of AI researchers and engineers, and is also in discussions with some investors about putting money into his new venture.

Nissan seeks tech tie-up without Renault as alliance nears end of road

Business Apr 14, 2023

Nissan seeks tech tie-up without Renault as alliance nears end of road

by Norihiko Shirouzu and Maki Shiraki

Japan's third-biggest automaker by sales is seeking a partner outside the auto industry to develop software that connects vehicles to cloud-based services.

Asian startups are rising to the financing challenge

Commentary / World Apr 14, 2023

Asian startups are rising to the financing challenge

by Andy Mukherjee

Once the world’s hottest stock because of its single-minded pursuit of growth, Singapore’s Sea is slashing costs as it seeks safety in profitability.

Xi pivot fails to stop exodus by big investors in China tech

Business Apr 14, 2023

Xi pivot fails to stop exodus by big investors in China tech

by Jeanny Yu, Jane Zhang and Zheping Huang

Two pioneering financiers of China’s private sector — including SoftBank — have signaled in recent days their intentions to continue pulling back from marquee investments in the country.

Virtual spaces coaxing Japan's social recluses back into society

National / Social Issues Apr 13, 2023

Virtual spaces coaxing Japan's social recluses back into society

by Haruo Nagasawa

Local governments and private companies are making efforts to establish unique "club activities" based on common interests as the problem of social disconnection continues to spiral.

SoftBank aims to sell majority of its stake in Alibaba, report says

Business / Corporate Apr 13, 2023

SoftBank aims to sell majority of its stake in Alibaba, report says

SoftBank has sold more than $7 billion (¥931.6 billion) in Alibaba shares this year through prepaid forward contracts, after selling $29 billion last year, according to the Financial Times.

Twitter company ‘no longer exists’ and is now part of Elon Musk’s X Corp.

Business / Tech Apr 12, 2023

Twitter company ‘no longer exists’ and is now part of Elon Musk’s X Corp.

by Low De Wei and Marika Katanuma

It’s unclear what the change means. In the past, Musk suggested that buying Twitter would be an "accelerant” for creating X — which he dubbed an "everything app.”

Whatever happened to the metaverse?

Commentary / World Apr 11, 2023

Whatever happened to the metaverse?

by Parmy Olson

Following a great deal of hype last year, companies now seem to be reining back their investments in the metaverse.

ChatGPT creator OpenAI plans office and expansion in Japan

Business / Corporate Apr 10, 2023

ChatGPT creator OpenAI plans office and expansion in Japan

by Gabriele Ninivaggi

CEO Sam Altman said he had a broad discussion with Prime Minister Fumio Kishida about both the advantages and risks of the chatbot technology.

Competing with robots is making work worse

World Apr 10, 2023

Competing with robots is making work worse

by Sarah Green Carmichael

As more tasks become automated, we need to stop letting robotic machines set the pace.

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