Japan's MUFG Bank will use artificial intelligence to screen Asian startups for financing, looking beyond balance sheets to forge relationships with promising businesses who otherwise may not yet qualify for bank loans.
Toshiba will spend around 34 billion yen ($321 million) on a new research and development complex in Japan geared toward artificial intelligence and security technologies.
Preferred Networks, a Japanese artificial intelligence startup, is looking for new lines of business. Although the company enjoys backing from a number of big names in Japan, its latest move is motivated by its founder's growing unease over how long it is taking to develop practical uses for its technology.
Japanese electronics maker Panasonic is trying to transform its business into one that derives a big chunk of revenue from subscription and other recurring revenue streams.
As part of this digital makeover drive, the company is investing $800 million in Blue Yonder, a major U.S. provider of supply-chain management software.
Japanese IT services group NEC and its partner microbrewery have devised a series of alcoholic beverages using a mix of artificial intelligence and pop culture that they say is sure to be the choice of any generation.
Japanese sushi restaurant chain Kura Sushi has introduced an artificial intelligence-based smartphone app capable of assessing the quality of tuna, a popular sushi topping.
Everything was going well for innovative entrepreneur and restaurateur Haruki Odajima — or so it seemed until the coronavirus pandemic swirled across the country earlier this year.