Market Chatter: SoftBank Introduces AI Company with NEC, Honda, Sony as Investors

MT Newswires Live

04/13

SoftBank Group (TYO:9984) has launched a new company focused on developing artificial intelligence in Japan, with investments from NEC (TYO:6701), Honda Motor (TYO:7267), and six other firms, Nikkei Asia reported on Monday.

The Japanese government is evaluating potential support for the initiative. The venture aims to create a foundational model for "physical AI" to enable autonomous control of robots and machinery through a collaborative public-private effort, the news daily said.

Additional investors include Sony Group (TYO:6758), Mitsubishi UFJ Financial's (TYO:8306) MUFG Bank, Sumitomo Mitsui Banking Corp. (TYO:8316), Mizuho Bank (TYO:8411), Nippon Steel (TYO:5401), Kobe Steel (TYO:5406), and AI developer Preferred Networks will also assist in building the model.

Softbank Group did not reply to MTNewswire queries at press time.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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The venture aims to create a foundational model for \"physical AI\" to enable autonomous control of robots and machinery through a collaborative public-private effort, the news daily said.</p><p>Additional investors include Sony Group (TYO:6758), <a href=\"https://laohu8.com/S/MBFJF\">Mitsubishi UFJ</a> Financial's (TYO:8306) MUFG Bank, <a href=\"https://laohu8.com/S/SMFNF\">Sumitomo Mitsui</a> Banking Corp. (TYO:8316), Mizuho Bank (TYO:8411), <a href=\"https://laohu8.com/S/NISTF\">Nippon Steel</a> (TYO:5401), <a href=\"https://laohu8.com/S/KBSTF\">Kobe Steel</a> (TYO:5406), and AI developer Preferred Networks will also assist in building the model.</p><p>Softbank Group did not reply to MTNewswire queries at press time.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AIPO","symbol_name":"Defiance AI and Power Infrastructure ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2627102097","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2627102097","pubTimestamp":1776042071,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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