NTT, SK, Chunghwa Telecom, DBJ team up for $500M AI fund

▤ Summary

NTT, SK Group, Chunghwa Telecom, and DBJ are creating a $500 million IOWN AI Fund to invest in technologies that support the AI era. The fund will operate through Catalight Capital, with offices in Silicon Valley and Tokyo, to source and support startups globally. It will target technologies across the AI stack, including photonics, semiconductors, distributed computing, AI software, and applications. The initiative also aims to create partnerships for business development and sales collaboration among portfolio companies. This could help build a broader AI infrastructure ecosystem and accelerate commercialization of next-generation technologies.

$ Funding

▦ Linked Companies