Tokyo-based AI/ML startup ABEJA today announced a strategic investment from Google (series C extension).
Google and ABEJA will collaborate on AI/ML solutions across various sectors, including ABEJA’s core service, the ABEJA platform.
The platform is delivered as PaaS and leverages ML technology in data gathering, annotation, learning, deployment, inference and relearning in a variety of fields for the roughly 150 companies using it today.
“ABEJA has strong technical capabilities and ML expertise, and is respected across the industry for its track record of collaboration and the effective deployment of its tech solutions,” said Shinichi Abe, Managing Director of Google Cloud Japan. “We share a commitment to innovation and harnessing the power of AI and machine learning.”
Google has made investments and acquisitions across Asia over the last year, including an AI research lab in mainland China. Fei-Fei Li, which stepped down as head of Google AI in September, helped set the global AI agenda for Google (Andrew Moore, Head of Carnegie Mellon’s school of computer science, has taken over her role).
IDC predicts some $20 billion in AI acquisitions this year.