News On Japan

Softbank CEO implores Japan to wake up to AI adoption

Oct 05 (coinspeaker.com) - Softacom CEO predicted that Artificial General Intelligence (AGI) would be realized within the next decade.

Masayoshi Son, the founder and CEO of SoftBank Group Corp (TYO: 9984), has advised businesses in Japan to embrace the potential of Artificial Intelligence (AI) and called for early adoption. Son delivered the statement while speaking at the recent SoftBank World corporate conference, an annual event for the company’s corporate clients in Japan.

Son’s keynote address brimmed with optimism and a sense of urgency. He highlighted the importance of Japan catching up with the rapidly advancing AI landscape, emphasizing that the nation cannot afford to squander another decade. Japan, renowned for its technological prowess, has often lagged in adopting transformative technologies, and Son sought to change that narrative by rallying local corporations.

Throughout his speech, Son reaffirmed his belief in Arm Holdings Plc (NASDAQ: ARM), the chip designer majority-owned by SoftBank, as a crucial player in the AI revolution. He regards Arm’s technology as foundational to advancing AI capabilities. Son’s conviction in Arm stems from his view that AI has the potential to reshape industries across the board, and Arm’s innovations will be at the forefront of this transformation. ...continue reading

Source: ANNnewsCH

News On Japan
POPULAR NEWS

Zao’s iconic snow monsters, the frost-covered trees known as 'juhyo,' face an existential threat. These towering, snow-laden trees have long been a winter highlight in the region, famously resembling monstrous figures covered in snow. However, their survival is now under severe threat.

EF Education First, a global education organization, published this year’s English Proficiency Index on Wednesday, ranking nations worldwide. Japan’s ranking stood at 92nd among 116 countries and regions, continuing a 14-year trend of record lows.

Ginzan Hot Springs in Yamagata, known for its Taisho-era charm, is now at peak season for autumn foliage. While this secluded onsen town is a well-known destination in the Tohoku region, an influx of foreign tourists has led local officials to implement restrictions on day visitors starting next month.

Japan's Ministry of Health, Labour and Welfare has announced plans to allow the sale of over-the-counter drugs at convenience stores without on-site pharmacists.

Japan's Ministry of Health, Labour and Welfare's advisory panel has outlined a proposal for amending the law to prohibit working more than 14 consecutive days. Under the current system, workers can technically work up to 48 days in a row through a system known as 'four-day-off-per-four-weeks,' while labor agreements also allow for holiday work, meaning there are no effective restrictions on consecutive workdays.

MEDIA CHANNELS
         

MORE Business NEWS

Rakuten Group reported an operating profit of 500 million yen for the quarter from July to September, marking a sharp turnaround from last year’s 54.4 billion yen loss and achieving its first quarterly profit in nearly four years.

Seven & i Holdings says it has received a buyout proposal from a company linked to the founder of its Ito-Yokado supermarket chain. (NHK)

Japan's Ministry of Health, Labour and Welfare has announced plans to allow the sale of over-the-counter drugs at convenience stores without on-site pharmacists.

Japan's Fair Trade Commission has issued a recommendation to publishing giant KADOKAWA and its subsidiary, citing violations of the Subcontract Act over 'unjust price cutting' practices involving compensation paid to freelance writers and photographers.

Japan's Ministry of Health, Labour and Welfare's advisory panel has outlined a proposal for amending the law to prohibit working more than 14 consecutive days. Under the current system, workers can technically work up to 48 days in a row through a system known as 'four-day-off-per-four-weeks,' while labor agreements also allow for holiday work, meaning there are no effective restrictions on consecutive workdays.

Renowned guitar brand Fender has partnered with the beloved character Hello Kitty in a new collaboration.

The number of corporate bankruptcies across Japan in October surpassed 900 cases, reaching a level not seen in 11 years.

Major izakaya chain operator Watami has acquired Subway Japan in a large-scale acquisition it views as a 'second founding,' aiming to establish a foothold in the fast-food market.