Sony, Daiwa Establish Venture Fund to Invest in AI, Robotics Startups
Sony and Daiwa established a joint venture to invest in startups in “key high-growth industries” including artificial intelligence and robots, they said Tuesday. Limited partners include Sumitomo Mitsui Banking, Osaka Shoko Shinkin Bank, Mitsubishi UFJ Lease & Finance and educational…
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institutions. The Innovation Growth Fund hopes to raise $185 million, they said.