SoftBank, NEC, Sony, Honda Form New Company To Target Domestic AI Rollout, Close Gap with US And China
benzinga_article·- Major Japanese companies, including SoftBank, NEC, Honda, and Sony, have formed a new company to advance large-scale artificial intelligence for domestic businesses. - The initiative aims to compete with U.S. and Chinese AI leaders and is expected to receive government backing, initially focusing on domestic applications and later expanding into factory robotics. - The venture plans to hire about 100 AI engineers and seeks funding from NEDO, with significant investments from various industrial and financial firms, indicating widespread support for this AI development effort.