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The telco is the latest to join the global race for AI dominance
Japanese telco NTT (Nippon Telegraph and Telephone Corporation) has announced its intention to launch a new AI company, named NTT AI-CIX, that the company says will focus on the promotion of “chained AI”, rather than “individual AI”.
With 1.95 billion yen ($13.6 million) in capital, the new company is set to officially launch on 26 August in Tokyo.
“By becoming a company that can carry out everything from research and development to service provision, we have created a new structure that can create new value with a sense of speed even in the midst of the rapid changes surrounding AI,” said President and CEO President and CEO, Ippei Shaka.
“Utilizing cutting-edge technology, we will achieve everything from individual tasks to overall optimization of the supply chain through “chained AI,” in which various AIs work together across business and industries,” read the company website.
“In order to solve our customers’ problems, we will provide a one-stop service from consulting to product/solution development and AI platform services, contributing to the sustainable development of society,” it continued.
This is not the first AI offering that NTT has launched. In December last year, the company introduced its Japanese and English large language model (LLM) ‘tsuzumi’, aimed at businesses seeking operational efficiency and digital transformation. The business began in March this year, having already been implemented in the medical and contact center sectors. In June this year, the platform was integrated into Microsoft Azure AI.
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