Japan’s SBI Invests in US AI Fund to Fuel Web3 Finance Strategy
SBI Holdings invested in the US-based AI2 Incubator Fund III to integrate advanced AI into its Web3 and digital asset businesses.Summary
Japanese financial group SBI Holdings, through its US subsidiary, has invested in the AI2 Incubator Fund III, a fund spun off from the Allen Institute for AI. This strategic move grants SBI, the only Japanese strategic investor, joint rights to invest in promising early-stage AI startups focusing on areas like natural language processing and autonomous AI agents. Although the investment targets AI, it is viewed as crucial for SBI's long-term Web3 and digital asset strategy, enabling the application of advanced AI models in areas like blockchain-based risk assessment and asset management. SBI CEO Yoshitaka Kitao stated the investment supports companies developing future core technologies aligned with their innovation goals in finance and digital assets.
(Source：BeInCrypto)