• Wed. Dec 6th, 2023

CMA CGM’s Saadé Announces Launch of AI Open Science Lab with Eric Schmidt


Nov 20, 2023

French shipping giant CMA CGM is making waves in the business world with its latest venture, Kyutai, an AI open science lab founded jointly by several tech giants. The chairman of CMA CGM, Rodolphe Saadé, has invested heavily in the project alongside Eric Schmidt and Xavier Niel.

Kyutai aims to tackle some of the biggest challenges facing modern AI, including developing large multimodal models and inventing new algorithms to enhance their capacities, reliability, and efficiency. The lab will use the computing power made available by Scaleway, a high-performance computing provider owned by Niel.

The venture has already received nearly EUR300m in investments and is committed to democratizing AI and sharing its advances with the entire AI ecosystem. Saadé expressed his desire for the younger generation to benefit from this opportunity through Kyutai. He believes that researchers should have access to the resources they need to create and innovate for a better future.

CMA CGM’s involvement in AI research is part of a broader effort to place France at the forefront of artificial intelligence innovation. With its partnership with Kyutai, the company hopes to create a dynamic and innovative ecosystem that will keep businesses competitive in today’s rapidly changing world.

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