Artificial Intelligence

AI
Japan's top 20 startups surpass 1tn yen in total value
Startups are continuing to grow in Japan, with a Nikkei survey finding the estimated corporate value of the 20 leading newer businesses increased 22% to exceed a combined value of 1 trillion yen ($9.2 billion) in the year to September. Growth is especially notable in the artificial intelligence and financial technology, or fintech, areas.
Labor shortages in Japan's construction sector provide unexpected economic boost
As Japan’s construction firms are squeezed by the tightest labor market since the 1970s and a rapidly aging population, they are pouring investment into technology — and providing unexpected support to an economy reeling from the bitter U.S.-China trade war. The industry sees artificial intelligence and robots — which can scurry around building sites day and night, preparing equipment and moving materials for the next day’s construction — as a way to future-proof and close the labor gap.
AI bakeries know what you are buying for instant check-out
The brains behind a successful bakery are no doubt the developers of pastries and other delectable goods, but this brain makes checking them out a piece of cake. BakeryScan, a bread image recognition system, is spreading among bakeries across Japan as the system instantly identifies various types of breads and calculates the bill for them at the register.