News On Japan

NTT to Launch IOWN AI Fund With Global Tech Partners

TOKYO - NTT plans to establish a new investment vehicle, the IOWN AI Fund, to accelerate the global expansion of its next-generation communications infrastructure known as IOWN.

The fund will be backed by 22 companies, including NTT, Sony Group, South Korea's SK Group, and U.S. semiconductor giant Broadcom. The fund is expected to raise approximately $500 million, or around 80 billion yen.

NTT and its partners intend to establish multiple bases, including in Silicon Valley, to invest in AI-related startups and other emerging technology companies. The goal is to promote collaboration with IOWN, a communications platform designed to dramatically reduce power consumption, while accelerating its adoption worldwide.

By supporting startups developing AI technologies and related services, the fund aims to build a broader ecosystem around IOWN and strengthen its position as a key infrastructure platform for the next generation of digital communications.

IOWN (Innovative Optical and Wireless Network) is a next-generation communications and computing infrastructure initiative launched by NTT in 2019 with the goal of dramatically increasing network capacity while reducing power consumption. The project was conceived as a response to the expected surge in data traffic driven by AI, cloud computing, autonomous vehicles, digital twins, and other data-intensive technologies.

NTT unveiled the IOWN concept in May 2019, envisioning a future network architecture that would replace many electronic processing functions with optical technologies. The company argued that conventional semiconductor-based systems would eventually face limits in performance and energy efficiency.

A key milestone came in 2020 with the establishment of the IOWN Global Forum, created by NTT together with Intel and Sony Group. The forum was formed to develop technical standards and encourage global adoption of IOWN technologies. Membership later expanded to include hundreds of companies, universities, and research institutions worldwide.

The core of IOWN consists of three major components:

The All-Photonics Network (APN), which uses optical technology throughout the network to reduce latency and power consumption.

Digital Twin Computing (DTC), which aims to create highly accurate virtual representations of people, objects, and environments.

Cognitive Foundation (CF), a management platform designed to coordinate and optimize computing, storage, and network resources across diverse systems.

NTT has claimed that IOWN technologies could eventually reduce power consumption by up to 100 times, increase transmission capacity by 125 times, and reduce end-to-end latency to one two-hundredth of current levels, although these represent long-term targets rather than currently achieved performance.

Since 2023, NTT has begun commercial deployment of early IOWN services, including optical transport technologies connecting data centers. The company views AI as one of the most important applications for IOWN because the rapid growth of AI computing is causing a sharp increase in electricity demand from data centers.

The newly announced IOWN AI Fund represents the latest stage in the project's development. By partnering with companies such as Sony Group, SK Group, and Broadcom, NTT hopes to encourage AI startups to build technologies compatible with IOWN and accelerate the platform's global adoption.

For NTT, IOWN is considered the successor to the internet infrastructure era that the company helped build through fiber-optic communications. The company has repeatedly described it as a long-term project extending through the 2030s and beyond, with the ambition of becoming a foundational technology for future AI-driven societies.

Source: テレ東BIZ

News On Japan
POPULAR NEWS

A bear that had been repeatedly spotted in commercial and residential areas of Utsunomiya, Tochigi Prefecture, was captured in a residential neighborhood at around 3:30 p.m. on June 9th after authorities used a tranquilizer gun following several days of sightings across the city.

A prolonged eruption at Sakurajima on June 7th blanketed parts of Kagoshima City in volcanic ash, turning roads gray and prompting long lines of vehicles seeking car washes after a plume of smoke rose 1,300 meters above the crater.

A powerful earthquake struck off Mindanao Island in the southern Philippines at 8:38 a.m. (Japan time) on June 8th, generating tsunami waves across parts of the Pacific, causing building collapses and casualties near the epicenter, and prompting the Japan Meteorological Agency to issue tsunami advisories along a wide stretch of Japan's Pacific coastline before lifting all of them at 4:50 p.m.

A clinic director and a former Peruvian staff member have been referred to prosecutors after the man allegedly performed medical procedures without a license, including an external cephalic version—a procedure used to manually turn a baby into the correct position before birth—at an obstetrics and gynecology clinic in Fukuoka City, raising concerns about patient safety and oversight in maternity care.

A large bear was captured on security camera footage running through a shopping arcade in central Utsunomiya, Tochigi Prefecture, in the early hours of June 7th, as authorities stepped up warnings following a series of bear sightings across the city.

MEDIA CHANNELS
         

MORE Web3 NEWS

NTT plans to establish a new investment vehicle, the IOWN AI Fund, to accelerate the global expansion of its next-generation communications infrastructure known as IOWN.

Mercari subsidiary Melcoin, which operates cryptocurrency trading services, announced that it has expanded the range of cryptocurrencies available through the Mercari marketplace app.

Fukuoka City began training teachers in the use of generative artificial intelligence on June 5th, as part of an effort to improve classroom instruction and streamline administrative work across its public schools.

Hitachi has signed an agreement granting it access to "Claude Mythos," the latest artificial intelligence model developed by U.S.-based AI company Anthropic, sources revealed on June 5th.

Gamification is shaking up the way people spend their spare time online, turning passive visits into active adventures.

The latest film by Hirokazu Kore-eda, Sheep in the Box, opened in Japan on May 29th after being screened in the Competition section at the Cannes Film Festival, bringing to the screen a near-future story about a grieving couple who welcome into their home a humanoid modeled on their deceased seven-year-old son.

Former Digital Minister Masaaki Taira, who oversees cybersecurity and artificial intelligence policy within the ruling Liberal Democratic Party, said Japan still has opportunities to compete in the rapidly evolving AI sector, despite the dominance of major U.S. and Chinese developers.

Generative artificial intelligence is rapidly becoming part of everyday life, helping people with everything from studying and work-related tasks to choosing travel destinations and seeking relationship advice, raising questions about how society should engage with a technology that is evolving faster than ever.