TOKYO -- Japan's SoftBank Group and conglomerates from South Korea and Thailand will join a fund aimed at making quick and "sizable" investments in AI startups, Nikkei Asia has learned.
SoftBank, SK subsidiary SK Networks, LG Electronics, Hanwha Financial and a Thai conglomerate recently signed an agreement to join the $130 million fund set up by the founders of venture capital firm The Edgeof by the end of this month, a person familiar with the matter told Nikkei Asia.