SYLA Technologies Chief Artificial Intelligence Officer, Li Tianqi, Becomes Member of the Japan Image Generation AI Consortium

TOKYO, June 26, 2023 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. (NASDAQ: SYT) (“SYLA” or “the Company”), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, announced that Li Tianqi, SYLA’s Chief Artificial Intelligence Officer (“CAIO”), has become a member of the Japan Image Generation AI Consortium (“JIGAC”), where he will participate in ongoing discussions and verification practices related to image generation in the field of artificial intelligence (“AI”) engineering.

The purpose of JIGAC’s communal is to discuss and demonstrate a sustainable framework for artificial intelligence, with an emphasis on the safety and security of use in the realm of generative material images in the domestic Japanese market. Contributing members include artificial intelligence developers, practitioners, researchers, and lawyers in Japan.

In relation to SYLA’s utilization of artificial intelligence, when acquiring new real estate information, Rimawari-kun uses big data based on real estate transaction cases covering past transaction statistics, market pricing variations, rental rates, and more factors. Using AI as a tool, SYLA can instantly evaluate the market price of any given property and determine future profitability of investments, resulting in improved efficiency of real estate transactions. The progress made in this field can be expanded upon in other business offerings and internal efficiencies that SYLA operates.

“As an AI engineer, I have been conducting research and development in various fields in the realm of artificial intelligence in relation to SYLA’s operations and utility,” said CAIO, Li Tianqi. “We have been using this technology in our real-world business practices such as developing open-source software, generating imagery via generative adversarial networks, or GAN, and for social implementation uses, and subsequently presenting this technology at international conferences. In addition, we have further developed the Rimawari-kun platform to better increase efficiency and use of big data for our investment platform-related purposes. By participating in this consortium, we can contribute to the promotion of the social implementation of image generation AI by promoting ideas achievements, ideas, and know-how of AI development. We look forward to the future use and implementation of AI in SYLA’s business practices.”

About SYLA Technologies Co., Ltd.
Headquartered in Tokyo, Japan, our company consists of SYLA Technologies Co., Ltd. and its consolidated subsidiaries (SYLA Co., Ltd., SYLA Solar Co., Ltd., SYLA Brain Co., Ltd., and SYLA Biotech Co., Ltd.). The Company owns and operates the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, which targets individuals, corporate and institutional investors, as well as high net worth individuals. Their mission is to democratize real estate investment around the world through technology and asset management through the Rimawari-kun platform. They are engaged in the overall investment condominium business, including planning, development, construction, sales, rental management, building management, repair work, and the sale of properties. Additional information about the Company’s products and services is available at https://syla-tech.jp/en

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Contact Information

Gateway Group, Inc.
John Yi and Thomas Thayer
SYLA@gatewayir.com
Tel +1 (949) 574-3860