Japanet Expands VC Fund to $200 Million After Successful AI Bets

Nagasaki-based retailer Japanet expands its venture capital fund to $200 million, following successful investments in AI companies like Anthropic and xAI.

21 Apr, 08:30 — 21 Apr, 08:30

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japan-timesMostly Factual127d ago

Japanet expands its VC fund after bets on Anthropic and xAI pay off

The Nagasaki-based retailer known for infomercials targeting seniors in aging Japan will allocate $200 million to the fund, up from an initial $50 million in 2021.

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Japanet Expands VC Fund to $200 Million After Successful AI Bets

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Japanet expands its VC fund after bets on Anthropic and xAI pay off

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