Kyutai, a non-profit laboratory dedicated to open research in artificial intelligence (AI), was founded jointly by the iliad Group, the CMA CGM Group, and Schmidt Futures. The iliad Group and the CMA CGM Group each contributed $110 million to fund the research laboratory, while Schmidt Futures also joined as a co-founder.
Kyutai aims to tackle the main challenges of modern AI by developing large multimodal models and inventing new algorithms to enhance their capacities, reliability, and efficiency. The lab has already assembled a team of researchers with academic and business backgrounds.
Rodolphe Saadé, President and CEO of the CMA CGM Group expressed his excitement about this venture saying, “Through this new investment in artificial intelligence, I want the younger generation to benefit from all the opportunities that this technology has to offer. Thanks to Kyutai, researchers will have all the resources they need to create and invent the world of tomorrow. This is a venture that will bring together the world’s best experts to address the challenges of AI.”
Xavier Niel, Chairman and Founder of the iliad Group added his thoughts saying “Europe’s got everything it takes to win the AI race. French researchers are known as being some of the best in the world. We have all