Breaking: OpenAI Opening Its First Asia Office, Sam Altman’s Worldcoin Price to Rally

ChatGPT developer OpenAI to open its first Asian office in Tokyo, Japan in April. Will the expansion benefit Sam Altman's Worldcoin?
By Varinder Singh
OpenAI GPT-4o upgrade AI

Highlights

  • OpenAI is set to open an office in Tokyo, Japan.
  • This marks first expansion in the Asia region amid massive demand for AI in the region.
  • Sam Altman's Worldcoin likely to benefit from the expansion and ease in crypto investments.

ChatGPT developer OpenAI plans to expand in Asia with the launch of its first Asian office in Tokyo, Japan this month, reported Nikkei on Monday. The move is part of its strategy to offer tailed services and help in creating a regulatory framework in the region amid global demand for Artificial Intelligence (AI).

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OpenAI Expands to Japan, Opens First Office in Asia

Artificial intelligence research organization OpenAI is set to open an office in Tokyo, Japan, its first expansion in the Asia region. OpenAI continues to make new developments in the AI field, with the creation and integration of AI into video such as Sora, audio, image editing, and others.

Sam Altman’s OpenAI plans to offer tailored corporate services and customer support from its office in Asia. It will also participate in shaping AI governance framework in the country.

The selection of Japan as its first Asian expansion came after chief executive officer Sam Altman met with Japanese Prime Minister Fumio Kishida in April last year. It helped increase OpenAI’s interest in Japan, easing expansion in the country.

This marks the third international expansion after opening offices in London and Dublin last year. With AI developments picking pace across the world and Japanese companies adopting the technology, OpenAI looks at major benefit in the country.

Japan’s approach to policy and regulation regarding AI is focused on fostering innovation, ensuring public trust, and addressing ethical considerations. Unlike other jurisdictions that have sector-specific regulations for AI, Japan has not established assessment or audit requirements specific to AI.

“Open is set to open its first Asian branch in Tokyo. A clear sign of Japan‘s tech evolution and global relevance in AI innovation. Looking forward to the impact on the local tech scene and international collaboration!,” said Yuki Sugiyama, a Japanese Diplomat in the US.

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Sam Altman’s Worldcoin to Benefit

Japan prepares to rewrite the rules of cryptocurrency investment with a proposed amendment allowing venture capital firms to directly fund crypto and web3 projects.

With crypto adoption rising and AI regulations easing in Japan, Sam Altman’s Worldcoin holds the major advantage in the country. While Worldcoin faces roadblocks in some countries, it has improved the system for resolving privacy concerns. Ethereum creator Vitalik Butrin also lauded Worldcoin for these positive efforts.

WLD price is down 4% in the last 24 hours, with the price currently trading at $7.81. The 24-hour low and high are $7.64 and $8.30, respectively. WLD price has rallied 400% this year.

Also Read: Ethereum Non-Zero Addresses Hit ATH, Will ETH Price Follow?

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Varinder Singh
Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.
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