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Reading: DataRobot & SBI Holdings Enhance Partnership: Reinforcing AI’s Future in Japan’s Financial Services
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Ai Workplace > Business News > DataRobot & SBI Holdings Enhance Partnership: Reinforcing AI’s Future in Japan’s Financial Services
Business News

DataRobot & SBI Holdings Enhance Partnership: Reinforcing AI’s Future in Japan’s Financial Services

Conal Cram
Last updated: May 22, 2023 3:37 pm
Conal Cram
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Strengthening Commercial Partnership: DataRobot and SBI Holdings

In a significant move highlighting the ever-increasing symbiosis between AI technology and financial services, DataRobot and SBI Holdings have announced plans to deepen their commercial partnership. As leaders in their respective fields, these two corporations have their sights set on advancing the use of Value-Driven AI in the financial services sector. This development sees a considerable investment from SBI Holdings and an expansion of their license to deploy DataRobot’s single-tenant SaaS platform across several additional subsidiaries.

DataRobot, renowned for its role in championing Value-Driven AI, and SBI Holdings, an innovator in internet financial services in Japan, have been strategic partners since December 2020. As the landscape of AI continues to evolve, this reinforced partnership signals an important step forward for both companies in their AI journeys.

A Shared Global Vision for AI

Debanjan Saha, CEO of DataRobot, expressed his enthusiasm for the strengthened alliance with SBI Holdings, underlining the shared vision of both companies. According to Saha, “The SBI Group is an invaluable customer and partner with whom we share a global vision of what’s possible as we enter a new era of AI.”

DataRobot’s commitment to supporting businesses in unlocking the transformative value of AI solutions aligns with SBI’s objective to leverage AI in its banking and insurance sectors. The synergy of this partnership, therefore, extends far beyond mere business interests. It aims at creating a widespread positive impact by introducing innovative AI-driven solutions on a global scale.

SBI Holdings: Harnessing the Power of DataRobot’s AI Solutions

Since the initiation of their alliance with DataRobot, SBI Holdings has successfully launched over one hundred AI projects, underscoring the power of DataRobot’s AI solutions. Yoshitaka Kitao, Representative Director, Chairman, President & CEO of SBI Holdings, spoke highly of their investment in DataRobot, saying, “With our investment, we’re doubling down on our belief in not only the future of AI but in DataRobot as the leader in such an important industry in today’s global economy.”

Empowering SBI Group Companies with AI

This strategic move is also set to bolster the AI capabilities of several SBI Group subsidiaries. Through the expanded license agreement, these companies will gain access to DataRobot’s AI platform, gaining vital support for AI project strategy, development, and execution. The partnership aims to provide AI training for various individuals working with and managing the platform, further solidifying the group’s commitment to integrating AI into their operations.

As we continue to navigate the exciting frontier of AI, alliances such as the DataRobot and SBI Holdings partnership underscore the immense potential of collaboration in harnessing the transformative power of AI. While the focus of this partnership is on Japan’s financial services sector, the ripple effects of their pioneering work will undoubtedly influence the global AI narrative.

Keep visiting our website as we delve deeper into the evolution of AI and its impact on diverse industry sectors. Let’s continue to explore the incredible journey of AI, together. Have your say on the new partnership right here in the comments!

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By Conal Cram
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Conal is a seasoned tech industry professional and content writer for numerous tech publications. With a strong background in software engineering and digital media development, he's passionate about sharing the latest updates and insights in the tech industry, particularly in artificial intelligence and other disruptive trends. In his spare time he loves a mezze platter and a good film, and if he's not playing Fortnite or spending time with his daughter you can assume he's at the dry slopes!
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