OpenAI Bids for Japan Business as It Opens Tokyo Office 

Journalists are silhouetted at OpenAI’s press conference about the opening of its first Asia office in Tokyo, Japan April 15, 2024. (Reuters)
Journalists are silhouetted at OpenAI’s press conference about the opening of its first Asia office in Tokyo, Japan April 15, 2024. (Reuters)
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OpenAI Bids for Japan Business as It Opens Tokyo Office 

Journalists are silhouetted at OpenAI’s press conference about the opening of its first Asia office in Tokyo, Japan April 15, 2024. (Reuters)
Journalists are silhouetted at OpenAI’s press conference about the opening of its first Asia office in Tokyo, Japan April 15, 2024. (Reuters)

Microsoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as it opened its first Asia office in Tokyo.

"This is just the first step in what I hope will be a long-term partnership with the people of Japan, government leaders, businesses and research institutions," OpenAI CEO Sam Altman said in a video message.

The startup, which has caused excitement among consumers since the launch of its ChatGPT generative AI chatbot in late 2022, is looking to grow new sources of revenue globally.

Altman and Chief Operating Officer Brad Lightcap have hosted hundreds of Fortune 500 company executives in the United States and Britain this month to pitch for business, Reuters has reported.

Last year Altman said he was considering a Japan location after meeting Prime Minister Fumio Kishida. The startup has also opened offices in London and Dublin.

Japan hopes to take advantage of AI as it looks to compete with an increasingly assertive China, accelerate the shift to digital services and alleviate deepening labor shortages.

"We have a backlog of demand," Lightcap told reporters in Tokyo, adding that "we expect a meaningful contribution from Japan over time," without providing details.

OpenAI said it has a custom model optimized for the Japanese language and that Tadao Nagasaki, who was president of Amazon Web Services in Japan, is heading the Japan business.

While the country is seen as a laggard in the technology, local companies including telcos SoftBank and NTT are investing in large language models.

OpenAI's customers in Japan include automaker Toyota Motor, manufacturer Daikin Industries and local government.

Microsoft said last week it would invest $2.9 billion over two years in cloud and AI infrastructure in Japan, part of a wave of investment globally by US tech giants.



Official: DeepSeek Success Shows China's 'Ability to Innovate'

FILE PHOTO: The DeepSeek app is seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: The DeepSeek app is seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
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Official: DeepSeek Success Shows China's 'Ability to Innovate'

FILE PHOTO: The DeepSeek app is seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: The DeepSeek app is seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

The shock entrance of DeepSeek in the race to develop advanced artificial intelligence has put the world on notice as to China's innovation prowess, a high-ranking Beijing official said Thursday.

The startup released a new version of its AI chatbot in January, sending shockwaves across global markets.

DeepSeek wowed industry insiders with its apparent ability to rival or even surpass the capabilities of Western competitors like ChatGPT at a fraction of the cost.

"DeepSeek has stood out in the global field of AI," said Wu Qing, Chairman of China's Securities Regulatory Commission.

"It is not just that the field of AI has been deeply shocked, but now also the world and the financial community have a new understanding of China's ability to innovate in science and technology," he said.

The official added that DeepSeek had contributed to a "recent re-evaluation of Chinese assets".

"If someone does not talk about DeepSeek these days, it seems that they're not fashionable," Wu said.

"But this phenomenon is indeed worthy of our high attention."

Recent weeks have seen shares in Chinese tech titans surge.

Last month, long-shunned Alibaba co-founder Jack Ma was seen meeting President Xi Jinping at a business symposium -- signaling a more welcoming stance from Beijing towards its domestic tech sector.

Alibaba's shares rose more than eight percent during Thursday trading in Hong Kong after it unveiled an AI model with a performance it said was "comparable" to DeepSeek.

Investors are watching for announcements this week from Beijing -- where officials are convening for a key annual political event known as the "Two Sessions" -- on further government support to boost innovation and spending.

Wu's comments came during a press conference on China's economy, which has struggled to fully recover from the pandemic.

Authorities are banking on advanced technology as a lifeline to reach official growth targets this year as heightened trade winds batter the export-dependent nation.