Japan’s SoftBank Corp., NEC Corp., Sony Group Corp. and Honda Motor Co. have taken the lead in establishing a new company to develop Japanese-made artificial intelligence, informed sources said Sunday.
The new company will make its high-performance AI available to Japanese companies for broad use, aiming to overtake US and Chinese firms that are leading in this field.
SoftBank, NEC, Sony and Honda each took a stake of more than 10 pct in the new firm, while several other firms are negotiating to invest as minority shareholders, according to the sources.