The chairman of CMA CGM, Rodolphe Saadé, is investing in ventures outside of the company’s core container shipping segment following the record-breaking annual profits in French history last year. Among these investments is the establishment of a media division and an air cargo business, as well as a foray into artificial intelligence through the creation of Kyutai, an AI open science lab.
Kyutai is a non-profit laboratory dedicated to open research in AI, aimed at tackling the main challenges of modern AI. The laboratory will use the computing power made available by Scaleway, part of Niel’s tech empire, with the highest-performance computing power for AI applications deployed in Europe. Saadé expressed his desire for the younger generation to benefit from the opportunities of AI through Kyutai, ensuring researchers have the resources they need to create and invent the world of tomorrow.
CMA CGM Group’s involvement in AI research is driven by a desire to place France and the rest of Europe at the forefront of artificial intelligence research, creating a dynamic and innovative ecosystem to keep businesses competitive. Saadé emphasized that joining forces is the best way to prepare for the future in the realm of AI. The venture has received nearly EUR300m in investments to date and is committed to democratizing AI and sharing its advances with