Artificial intelligenceJapan's Sakana AI worth $1.5bn in latest megabank fund raise
Top-tier companies invest $70m in partnerships to boost operating efficiency
Sakana AI, Japan's fastest unicorn, has attracted further investment from three Japanese megabanks and other sources. (Nikkei montage)
YUKI NAKAMURA, Nikkei staff writer
September 17, 2024 14:00 JST
Updated on September 17, 2024 21:07 JST
TOKYO -- Just over a year since it was co-founded by former Google researchers, Tokyo-based Sakana AI has been valued at $1.5 billion in the latest fundraising round involving three Japanese megabanks and other companies, according to a person familiar with the matter.