Artificial Intelligence

AI
Japanese college dropout builds $560 million fortune through AI firm
Taku Toguchi knew he wanted a career in artificial intelligence as far back as when he was a teenager. Now 36, the college dropout and serial entrepreneur has joined the ranks of Japanese founders building fortunes in AI, thanks to a stock-market rally that turned his company into one of the nation’s most richly valued.
Honda drives drastic R&D reforms to reverse slow auto business

After Takahiro Hachigo took over at Honda Motor in 2015, the Japanese automaker has implemented a string of reforms to shore up its auto business, including closing plants at home and abroad and shaking up supply chains. But it left one entity untouched -- Honda R&D, its crown jewel research unit, once headed by legendary founder Soichiro Honda more than a half century ago.

Mizuho and SoftBank to offer loans and stock trades via smartphone

Mizuho Financial Group will partner with SoftBank Group in the latest move in Japan to provide financial services to smartphone users, Nikkei has learned. The two companies, through the tech giant's payment unit PayPay, will offer services including making personal loans using credit scores as well as stock trading.