Softbank Corp. announced to join the AI competition: to create a "Japanese version of ChatGPT"

Thanks to CTOnews.com netizen Xiao Zhan for the clue delivery! CTOnews.com, May 11 (Xinhua) Softbank Corp., a telecom subsidiary of Softbank Corp. Group, announced that it would join the AI competition to develop ChatGPT-like tools, prompting a number of AI-related Japanese companies to rise sharply in the stock market on Thursday, Bloomberg reported.

Junichi Miyagawa, CEO of Softbank Corp., said at a briefing on Wednesday that the department set up a new entity in March this year and selected about 1000 people to develop a Japanese version of OpenAI's artificial intelligence chat technology. He did not elaborate on the goals or current progress of the project.

Son Masayoshi, founder and billionaire of Softbank Corp. Group, who has been promoting artificial intelligence as a revolutionary force to change the way we use technology for years, recently gathered a group of engineers and discussed the possibility of ChatGPT.

Japanese Prime Minister Fumio Kishida on Thursday ordered the establishment of a new artificial intelligence team to study the economic potential of the technology and how to deal with its risks, CTOnews.com noted. He added that as chairman of the Group of Seven democracies, he would seek to play a leading role in international rulemaking around artificial intelligence, which will be held in Hiroshima on May 19.