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Biden Kishida Meeting: AI Research Funded by Amazon, Nvidia Announced

Apr 11, 2024 - bloomberg.com
President Joe Biden and Japanese Prime Minister Fumio Kishida have announced a joint artificial intelligence research program, funded by Amazon.com Inc. and Nvidia Corp., among others. The initiative aims to enhance collaboration between the two nations in the rapidly evolving field of AI technology.

The funding, amounting to $110 million, will support AI research partnerships between the University of Washington and Tsukuba University, as well as between Carnegie Mellon University and Tokyo’s Keio University. Other contributors include Arm Holdings, Microsoft Corp., and a group of Japanese companies. The announcement was made following a summit between the two leaders in Washington.

Key takeaways:

  • President Joe Biden and Japanese Prime Minister Fumio Kishida have enlisted Amazon.com Inc. and Nvidia Corp. to fund a new joint artificial intelligence research program.
  • The initiative aims to improve collaboration between the two nations around the quickly emerging technology of AI.
  • Nvidia, Amazon, Arm Holdings, Microsoft Corp., and a group of Japanese companies will provide $110 million for AI research partnerships.
  • The partnerships will be between the University of Washington in Seattle and Tsukuba University outside Tokyo, and between Carnegie Mellon University in Pittsburgh and Tokyo’s Keio University.
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