Rakuten To Explore Commercial Opportunities With Sam Altman's OpenAI
Portfolio Pulse from Benzinga Neuro
Rakuten Group (OTC:RKUNY) has signed a memorandum of understanding with OpenAI to explore joint business opportunities. The partnership will focus on integrating OpenAI applications into Rakuten's offerings, including the popular artificial general intelligence (AGI) app chatGPT, APIs of GPT-4 and other AGI models, a speech-to-text transcription service called Whisper, and an AI-based image generation service called Dall.E-2.
August 04, 2023 | 10:41 am
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Rakuten's partnership with OpenAI to integrate AI applications into its offerings could potentially enhance its product portfolio and drive growth.
The partnership with OpenAI could potentially enhance Rakuten's product portfolio by integrating AI applications. This could attract more customers and drive growth for the company, potentially leading to a positive impact on its stock price in the short term.
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