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Tag Archives: mizuho bank

Japanese Financial Giant Mizuho to Let 45000 Employees Test Out OpenAI

Mizuho Bank said that it will use the AI tool in the bank’s brokerage unit. The Japanese banking giant will conduct an “ideathon” next month and brainstorm various ways to experiment with the technology. On Tuesday, June 27, Japan’s third-largest banking institution Mizuho declared that it will allow all of its 45,000 employees in Japan to use Microsoft’s Azure OpenAI from this week. This will make the Mizuho Group the first financial company in Japan to use generative AI. Niu Dujungang,...

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Japanese Fintech Startup Paidy Raises $143M from Investors Including PayPal Ventures

Japanese consumer instant credit provider Paidy has announced that it raised $143 million in investment capital from institutional investors. The new financing round includes $83 million series C financing extension and debt financing of $60 million. The series C funding included participants such as PayPal Ventures, the Famed Soros Capital Ventures, JS Capital Management and Tybourne Capital Management and an unnamed investor.The financial institutions that initiated the debt financing...

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