Tag: Japan

Seed-stage startups face a 52% decrease in deals for Q1 2023, urging founders to reassess the value of their investors. Law firms warn that AI-enabled technology development may create legal issues, and federal and state law violation risks. In contrast, the Fed's new initiative, FedNow, will allow instant payments 24/7/365, paving the way for fintech companies' growth, while Japan's VC market hit a record high in 2022. Learn more about these trends and the strategies of investors active in Japan's startup ecosystem in this informative article.

The City of Yokosuka in Japan is making waves by adopting an AI chatbot, ChatGPT, for administrative operations. ChatGPT proved to enhance work efficiency and save time, making the workload lighter for officials and resulting in a more productive environment. With innovative technology like ChatGPT, the city aims to continuously improve administrative operations and spotlight technological advancement worldwide.

OpenAI's ChatGPT warned by Japan's data protection authority to minimize sensitive data collection. Italy banned it due to privacy concerns that were later resolved.

OpenAI's ChatGPT received administrative guidance from Japan's Personal Information Protection Commission for not prioritizing users' personal info protection.

OpenAI, the parent company of ChatGPT, receives a warning from Japanese regulators over data collection methods. Balancing privacy concerns with the benefits of AI is stressed.