French shipping company CMA CGM is making waves in the world of artificial intelligence with a new venture called Kyutai. Founded in partnership with Eric Schmidt, Xavier Niel, and iliad Group, Kyutai is an AI open science lab dedicated to advancing the field and tackling its biggest challenges.
The laboratory aims to develop large multimodal models and invent new algorithms that will enhance their capacities, reliability, and efficiency. To achieve this goal, Kyutai will use the computing power provided by Scaleway, part of Niel’s tech empire, which boasts some of the highest-performance computing power for AI applications in Europe.
Kyutai has received nearly EUR300m in investments so far and is committed to democratizing AI by sharing its advances with the entire AI ecosystem. This includes scientists, developers, companies, and decision-makers from democracies around the world.
Rodolphe Saadé, chairman of CMA CGM, said that he believes that Kyutai can help young people take advantage of the opportunities presented by artificial intelligence. He wants to ensure that researchers have access to the resources they need to create and invent new technologies for a better future. The involvement of CMA CGM in AI research reflects a desire to keep France at the forefront of this rapidly evolving field and create an innovative ecosystem that can benefit businesses across Europe.
As a growing company with a global presence, CMA CGM recognizes that it needs to diversify its revenue streams beyond traditional shipping services. By investing in ventures such as Kyutai, the company can tap into emerging markets and stay ahead of competitors who may not be as forward-thinking.
Overall, Kyutai represents an exciting opportunity for both France and Europe as a whole. With its commitment to innovation and collaboration with top experts in the field, this venture has the potential to make significant contributions to advancements in artificial intelligence research and shape a brighter future for all.