U.S. technology company Nvidia and Fujitsu, a Japanese telecommunications and computer maker, agreed Friday to work together on artificial intelligence to deliver smart robots and a variety of other innovations using Nvidia's computer chips. "The AI industrial revolution has already begun. Building the infrastructure to power it is essential in Japan and around the world," Nvidia Chief Executive Jensen Huang said, hugging his Fujitsu counterpart Takahito Tokita on stage. "Japan can lead the world in AI and robotics," Huang told reporters at a Tokyo hotel.
Sources have revealed that Fujitsu bosses anticipate revenue to fall by 13% in the UK this year, raising questions about how the company will pay its share of Post Office Horizon scandal costs. The UK operation will require a huge bailout from headquarters in Japan when the bill for the Post Office scandal arrives. The UK business has been relying on bailouts from Japan totalling £280bn over the past two years.
Paul Patterson, the director of Fujitsu Services Ltd, emailed the government on January 24 last year [PDF] to clarify that until an inquiry into the scandal was complete, there was "no limitation or caveat on our intention to pause bidding for work with new Government customers." He said it would "only" continue bidding for public sector work if a new customer asked it to do so, or with existing customers "for example a contract extension or for similar work already undertaken by Fujitsu for that customer," or "for new opportunities with existing customers, where we have assessed and understood there to be a need [for] Fujitsu skills and capability."