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'Father of PlayStation' forms new business in Tokyo
The former chairman and CEO of Sony Computer Entertainment, Ken Kutaragi, has established a new company in Tokyo.
Japanese news group Nikkei, claims that the new company is called ‘Cyber AI Entertainment'.
Sony, has a bought 90 per cent stake in the new company. Reports also indicate that Cyber AI Entertainment has raised 20 million Yen in capital.
Ken Kutaragi's new company will work in the field of internet services, though at this time it's unclear exactly how the business will operate and if it will dip into the video game world.
Source: Nikkei
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