Established at the end of October in Tokyo, the name of the company is "Cyber Ai Entertainment" with "ai" being Japanese for "love" and a pun on the word "eye". The Japanese source article does not have the official English spelling; however, the official spelling is on the LinkedIn page of Sony exec and Cyber Ai board member Takashi Usuki.
The new venture aims to commercialize the development of next-generation internet services.
Kutaragi has a 90 percent stake in the enterprise, while Usuki has the remaining 10 percent. The start-up has 20 million yen (US$223,000) in capital.
企業ニュース−企業の事業戦略、合併や提携から決算や人事まで速報 [NIKKEI NET（日経ネット）]