CMA CGM commits US$109m to new AI research lab

Capt. John

FRENCH shipping giant CMA CGM Group has joined ex-Google CEO Eric Schmidt to develop what it calls a lab for ‘open research in artificial intelligence’ based in Paris. The lab, called Kyutai, is co-founded by the CMA CGM Group, Mr Schmidt’s investment arm called Schmidt Ventures, and Xavier Niel, head of the French telecom provider iliad Group. iliad Group and CMA CGM Group each contributed EUR100 million (US$109 million) to fund the research laboratory, with Kyutai ‘seeking to bring other...

https://www.seanews.com.tr/cma-cgm-commits-us-109m-to-new-ai-research-lab/199053/

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