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Rakuten plans to launch its own AI language model

  • December 11, 2023
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Hiroshi Mikitani, CEO of Japanese tech giant Rakuten, announced the company’s plans to launch its own large-scale language (LLM) AI model. This was reported by CNBC, according to

Rakuten plans to launch its own AI language model

Rakuten plans to launch its own AI language model

Hiroshi Mikitani, CEO of Japanese tech giant Rakuten, announced the company’s plans to launch its own large-scale language (LLM) AI model.

This was reported by CNBC, according to a report from Ukrinform.

Rakuten operates in a wide range of sectors, from banking to e-commerce to telecommunications, so it has a wealth of “unique” data for graduate education, according to Mikitani.

“No one has the data set that we have,” Mikitani added.

The company plans to use an artificial intelligence model to increase operational efficiency and marketing by 20%.

Rakuten wants to offer this model to other companies such as Amazon or Microsoft.

Large language models (LLM) specifically enable text-based chatbots to work. Models learn by taking in large amounts of information to improve the response generation process.

As reported by Ukrinform, the company Alphabet presented its most advanced artificial intelligence (AI) model called Gemini AI, which can process video, audio and text files.

Source: Ukrinform

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