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TOKYO -- Sakana AI, a startup cofounded by former Google researchers, is planning a funding round as early as this month that would value it at over $1 billion, Nikkei has learned, achieving the fastest jump to unicorn status by a Japanese company.
Hello from Tokyo. If someone told you that artificial intelligence leaves a big carbon footprint and has a serious impact on climate change, what images would come to mind? Your imagination might stray to the realm of science fiction and a world where AI-powered robots have become so humanlike that they actually breathe just like us -- exhaling carbon dioxide into the atmosphere.
NEW YORK/HONG KONG -- More Chinese companies are expected to go public this year in the U.S. even as ties between Washington and Beijing remain strained and strict crossborder listing rules have effectively closed the pipeline, according to the vice chairman of Nasdaq.
TOKYO -- Nikkei will on June 28 reshuffle the constituents of two dividend-related indexes -- both of which are comprised of companies that have increased their dividends for 10 years or longer -- as part of a periodic review, the index provider said on Friday.
The Bank of Japan kept its benchmark interest rate unchanged on Friday, but indicated it's considering the reduction of its purchase of Japanese government bonds.
Asia-Pacific markets were largely range bound on Friday ahead of the Bank of Japan's rate decision.
SHANGHAI -- Top real estate developers in China increased sales volumes by 4% in May compared with April, according to a Nikkei analysis, a relatively small boost despite the launch of a government program to buy unsold homes.
Hi, this is Yifan from Silicon Valley, your #techAsia host this week. Like many tech reporters, it has been a crazy busy few weeks for me as every major player in the space, from OpenAI to Google, unveiled their latest AI developments.