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🇯🇵 Japan /Technology

NTT Establishes Fund to Promote Next-Generation IOWN Technology, Investing in AI Startups

From NHK · () Japanese

Translated from Japanese, summarized and contextualized by DistantNews.

At a glance

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  • NTT is establishing a fund to promote its next-generation "IOWN" technology, focusing on investments in AI startups.
  • The initiative aims to accelerate the adoption and development of IOWN, which integrates advanced communication and computing capabilities.
  • This fund will support startups working on AI and related technologies, fostering innovation within the IOWN ecosystem.

NTT, a major Japanese telecommunications company, is launching a new fund to drive the adoption of its innovative "IOWN" (Innovative Optical and Wireless Network) technology. The fund will specifically target investments in artificial intelligence (AI) startups, aiming to foster innovation and accelerate the development of next-generation technologies. IOWN represents a significant leap forward, envisioning a future network infrastructure that seamlessly integrates optical and wireless communication with advanced computing power. By investing in AI startups, NTT seeks to cultivate an ecosystem where cutting-edge AI applications can leverage the capabilities of the IOWN platform. This strategic move underscores NTT's commitment to pioneering new technological frontiers and solidifying its position in the evolving digital landscape. The company believes that by supporting AI innovation, it can unlock the full potential of IOWN and pave the way for transformative services and solutions.

DistantNews Editorial

Originally published by NHK in Japanese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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