Market Chatter: Sumitomo to Deploy Sakana's AI Models Across Client Firms
MT Newswires Live
Sep 10
Sumitomo (TYO:8053) has partnered with Sakana AI to deploy the Japanese startup's AI models across its network of roughly 100,000 client firms, Nikkei Asia reported on Wednesday.
The partnership will help Sakana expand beyond its current base of large financial institutions and is expected to accelerate the adoption of Japan's homegrown AI technology, according to the report.
Sumitomo and Sakana AI did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.