Japan's Sakana AI by Google alums to become unicorn in under a year
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Sakana AI, a startup cofounded by former Google researchers, is planning a funding round this month to raise $125 million at a valuation of over $1.1 billion, achieving the fastest jump to unicorn status by a Japanese company. The company is in talks with U.S. venture capital firms New Enterprise Associates, Khosla Ventures, and Lux Capital. Sakana AI utilizes generative artificial intelligence and is part of the boom in AI development. The startup aims to generate AI models through an 'evolutionary' process. The funding round is set to make Sakana AI a unicorn in under a year.

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https://asia.nikkei.com/Business/Technology/Artificial-intelligence/Japan-s-Sakana-AI-by-Google-alums-to-become-unicorn-in-under-a-year 

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