2023/04/11News

BLOCKSMITH & Co. Announces the Establishment of "BLOCKSMITH AI Lab"

KLab Inc.(TSE Prime Market: 3656)

AI Technology Accessible to Everyone

Tokyo, Japan - April 11, 2023 - KLab Inc.'s (Headquarters: Minato-ku, Tokyo, President & CEO: Hidekatsu Morita, hereinafter referred to as "KLab") Web3 centered subsidiary BLOCKSMITH&Co. (Head Office: Minato-ku, Tokyo; President & CEO: Tetsuya Sanada; hereinafter "BLOCKSMITH") announces the establishment of the BLOCKSMITH AI Lab on April 11, 2023, which aims to make AI technology accessible to everyone.

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Background

Due to the remarkable evolution and high practicality of generative AI, the interest for the technology has rapidly spread to a wide audience. However, the discussion of generative AI technology has thus far been mostly focused on increasing business efficiency; i.e. cost reduction, and have garnered negative opinions such as fear of AI replacing jobs traditionally done by humans.

At BLOCKSMITH AI Lab, we aim to create opportunities to engage in AI technology by combining Web3 technology with Generative AI, and reduce negative misconception around the technology.

Our Research Goal

The research goal of BLOCKSMITH AI Lab is to create practical use cases for AI applications with user-friendly UI/UX that anyone can use.

We will focus on research and development of the AI application layer, and aim to make AI technology more accessible to people by combining large-scale language models (LLMs) such as GPT-4 with generative AI such as DALL-E2, Stable Diffusion, and Midjourney, as well as by utilizing fine-tuning and prompt engineering.

Plans to Incorporate AI Research

We are also planning to incorporate the results of BLOCKSMITH AI Lab's research in our recently announced upcoming game service "Quiz to Earn 'QAQA'".

More info: https://www.blocksmithand.co.jp/en/news/97



About QAQA (Official site URL: http://qaqa.io)

"I've never bought a crypto asset. What's a wallet?"

"What's VR? I have a smartphone, but I don't have a game console."

This is a user-submitted vertical short video quiz service that can be enjoyed by people of all ages.

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About BLOCKSMITH&CO.

Company Name: BLOCKSMITH&Co.

President and CEO: Tetsuya Sanada

Establishment: April 1, 2022

Capital: 14,999,950 JPY

Head Office: Roppongi Hills Mori Tower, 6-10-1 Roppongi, Minato-ku, Tokyo, 106-6122

Business: Development and distribution of products such as blockchain technology and crypto assets utilizing NFTs

URL: https://www.blocksmithand.co.jp/en/

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