Tokyo-based AI firm Sakana AI has appointed renowned computer scientist Jürgen Schmidhuber as its Chief Scientific Advisor, according to The Decoder. Schmidhuber, known for his foundational work in artificial intelligence since the 1990s, brings decades of expertise to the company.

The appointment highlights Sakana AI's commitment to advancing AI research and development by leveraging Schmidhuber’s pioneering contributions to the field. His involvement is expected to steer the company’s scientific direction and innovation strategies.

In the context of Japan’s growing AI market and its increasing integration into financial services, Sakana AI’s move may signal stronger AI-driven advancements impacting local FX, crypto, and equity markets.