The former chairman and CEO of Sony Computer Entertainment, Ken Kutaragi, has established a new company in Tokyo.
Kutaragi, widely known as the ‘father of PlayStation', has a purported 90 per cent stake in the new firm. Reports also indicate that Cyber AI Entertainment has raised 20 million Yen in capital.
The start-up firm will work in the field of internet services, though it is currently unclear exactly how the business will operate and if it will overlap with the game industry.
Story originally published on Develop