06:56 AM EDT, 09/09/2024 (MT Newswires) -- NVIDIA ( NVDA ) backed Sakana AI is attracting attention from strategic investors in Japan, Bloomberg reported on Monday.

The report said that rising US-China tensions are leading to increased interest in the Tokyo-based startup, which recently secured over $100 million in funding, including from Nvidia ( NVDA ).

Sakana AI's approach, using numerous small models rather than one large model, is gaining interest in Japan, which seeks energy-efficient AI solutions due to its heavy reliance on energy imports, according to the report.

The report added that the company would collaborate with Nvidia ( NVDA ) on research and infrastructure, including data centers.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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