TOKYO — Japan’s SoftBank Group and conglomerates from South Korea and Thailand will join a fund geared toward making fast and “sizable” investments in AI startups, Nikkei Asia has realized.
SoftBank, SK subsidiary SK Networks, LG Electronics, Hanwha Monetary and a Thai conglomerate not too long ago signed an settlement to join the $130 million fund arrange by the founders of enterprise capital agency The Edgeof by the top of this month, an individual accustomed to the matter instructed Nikkei Asia.