Less Lost in Translation: Foreigners Get High-Tech Help in Tokyo’s Baffling Shinjuku Rail Hub 

French tourists Marc and Isabelle Rigaud use an automated translation window at the Seibu-Shinjuku station in Tokyo, Japan, July 26, 2023. (Reuters)
French tourists Marc and Isabelle Rigaud use an automated translation window at the Seibu-Shinjuku station in Tokyo, Japan, July 26, 2023. (Reuters)
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Less Lost in Translation: Foreigners Get High-Tech Help in Tokyo’s Baffling Shinjuku Rail Hub 

French tourists Marc and Isabelle Rigaud use an automated translation window at the Seibu-Shinjuku station in Tokyo, Japan, July 26, 2023. (Reuters)
French tourists Marc and Isabelle Rigaud use an automated translation window at the Seibu-Shinjuku station in Tokyo, Japan, July 26, 2023. (Reuters)

As Japan enjoys a post-pandemic resurgence in tourism from around the globe, Seibu Railway is testing out an automated translation window to help confused foreigners navigate one of Tokyo's most complex transportation hubs.

The device, developed by printing company Toppan and called VoiceBiz, lets customers speak to a station attendant over microphones while the semi-transparent screen between them spells out their words in Japanese and one of 11 other languages.

More than 2 million visitors arrived in Japan last month, the most since the pandemic kicked off in 2019, and travelers from the United States and Europe exceeded pre-outbreak levels as the weak yen makes the trip the cheapest in decades.

Kevin Khani was among foreign travelers who got turned around in the Seibu-Shinjuku station recently and found the VoiceBiz window helpful.

"The translations were spot on," said the 30-year-old German, who works at Alibaba. "It might sound a bit weird, but you feel safe immediately because you know there's a human on the other side. So you take your time to explain what you need and you will know that they will understand what you need."

Seibu Railway, a unit of the Seibu Holdings conglomerate, installed the translation window this month at its Seibu-Shinjuku station, the terminus of one of its central Tokyo lines, for a three-month trial before considering a wider rollout.

About 135,000 passengers pass through the station daily, including many foreigners shuttling between tourist hot spots, such as Tokyo's new Harry Potter theme park.

"Our goal in introducing this was to improve the smoothness of communication by letting people look at each other's face," said Ayano Yajima, a sales and marketing supervisor at Seibu Railway.

The device was also tested out at Kansai International Airport earlier this year, and Toppan has aims to sell it to businesses and government offices in Japan to contend with both foreign travelers and an ever-growing number of immigrants.

With its many rail lines - some connected, some not - and gigantic bus station, Shinjuku district is the ultimate testing ground for way-finding tech.

Across the road from the Seibu station is Shinjuku's central Japan Railway (JR) station, which is the busiest in the world, with some 3.6 million people passing through daily. A rabbit warren of tunnels connects the JR station to multiple train and subway lines run by other companies.

Weary from a 1 a.m. flight arrival, French tourists Isabelle and Marc Rigaud used the translation window to try to find their way from the Seibu station to the JR station. They still needed help from a bystander to get there.

"It's very Japan," Isabelle, 47, said.



Nvidia Overtakes Apple as World’s Most Valuable Company

 A man walks past the Nvidia logo at the company's AI Summit in Mumbai, India, October 24, 2024. (Reuters)
A man walks past the Nvidia logo at the company's AI Summit in Mumbai, India, October 24, 2024. (Reuters)
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Nvidia Overtakes Apple as World’s Most Valuable Company

 A man walks past the Nvidia logo at the company's AI Summit in Mumbai, India, October 24, 2024. (Reuters)
A man walks past the Nvidia logo at the company's AI Summit in Mumbai, India, October 24, 2024. (Reuters)

Nvidia dethroned Apple as the world's most valuable company on Friday, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips.

Nvidia's stock market value briefly touched $3.53 trillion, while that of Apple was $3.52 trillion, according to data from LSEG.

In June, Nvidia briefly became the world's most valuable company, before it was overtaken by Microsoft and Apple. The tech trio's market capitalizations have been neck-and-neck for several months. Microsoft's market value stood at $3.20 trillion.

Nvidia's stock has risen about 18% so far in October, with a string of gains coming after OpenAI, the company behind ChatGPT, announced a funding round of $6.6 billion. Nvidia provides chips used to train so-called foundation models such as OpenAI's GPT-4.

"More companies are now embracing artificial intelligence in their everyday tasks and demand remains strong for Nvidia chips," said Russ Mould, investment director at AJ Bell.

"It is certainly in a sweet spot and so long as we avoid a big economic downturn in the United States, there is a feeling that companies will continue to invest heavily in AI capabilities, creating a healthy tailwind for Nvidia."

Nvidia's shares hit a record high on Tuesday, building on a rally from last week when TSMC, the world's largest contract chipmaker, posted a forecast-beating 54% jump in quarterly profit driven by soaring demand for chips used in AI.

The next big test will be when Nvidia reports third-quarter results in November. Nvidia in August forecast third-quarter revenue of $32.5 billion, plus or minus 2%, compared with the current average analyst expectation of $32.90 billion, according to data compiled by LSEG.

Morgan Stanley analyst Joseph Moore said in a note dated Oct. 10 that he remains "very bullish" about the company longer term, but the recent rally "raises the bar for earnings somewhat".

After a meeting with Nvidia's CEO Jensen Huang, Moore noted the ramp up in production of its next-generation Blackwell chips appeared to be "quite strong" and are booked out for 12 months. The stock came under pressure in August after Nvidia confirmed reports that the production of Blackwell chips was delayed until the fourth quarter.

Shares of Nvidia, Apple and Microsoft have an outsized influence on the richly valued technology sector as well as the broader US stock market, with the trio accounting for about a fifth of the S&P 500 index's weightage.

Frenzy around the prospects of AI, expectations that the US Federal Reserve will considerably bring down interest rates, and most recently, an upbeat start to the earnings season, have pushed the benchmark S&P 500 to an all-time high last week.

Nvidia's massive gains have helped boost the stock's appeal for option traders and the company's options are among the most traded on any given day in recent months, according to data from options analytics provider Trade Alert.

The stock has surged nearly 190% so far this year as a boom in generative AI prompted the company to issue a series of blowout forecasts.

"The question is whether the revenue stream will last for a long time and will be driven by the emotion of investors rather than by any ability to prove or disprove the thesis that AI is overdone," said Rick Meckler, partner at Cherry Lane Investments, a family investment office in New Vernon, New Jersey.

"I think Nvidia knows that near term, their numbers are likely to be quite remarkable."