OpenAI’s Japanese Rival Sakana in Talks to Raise Capital at $2.5 Billion Valuation
Sakana Plans to Raise $100 Million from Investors in U.S. and Japan
The funding talks come months after CEO David Ha said publicly that the company would operate profitably within a year. Sakana is developing AI with a different type of technology than OpenAI, Anthropic and Google use. This year the startup has announced deals to develop AI for some of Japan’s largest financial institutions.