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nvidia invests in japanese ai company and becomes major shareholder. huang renxun explains the reason

2024-09-04

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nvidia invests in sakana ai

according to bloomberg, nvidia participated in a financing of more than $100 million in tokyo-based startup sakana ai, one of the largest investments the u.s. chipmaker has made so far in japan’s emerging ai sector.

bloomberg said sakana ai completed its series a financing on wednesday, led by new enterprise associates, khosla ventures and lux ​​capital, with participation from nvidia.sakana ai said it will collaborate with nvidia on local research, data center access and "ai community building."

according to japan's nikkei asia, sakana ai raised about 20 billion yen (about 137 million u.s. dollars) in its series a financing. among them, nvidia will invest several billion yen (about tens of millions of u.s. dollars), which seems to be the largest investor and become the major shareholder of sakana ai. after this round of financing, sakana ai's company valuation will exceed 1 billion u.s. dollars.

nvidia ceo jensen huang said he was particularly attracted by sakana's efforts to promote ai in japan.“countries around the world are embracing sovereign ai through their own unique large language models, capturing and codifying their data, culture, and language,” huang renxun said in a statement. “the sakana ai team is helping to promote the popularization of ai in japan.” (author/xiao yu)

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