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Father Of PlayStation Makes New Company

Illustration for article titled Father Of PlayStation Makes New Company

Another new company. Back in January 2007, PlayStation father Ken Kutaragi spearheaded Bandai Namco/Sony start-up Cellius. Today, it was announced he's heading up another company.

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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.

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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)]

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DISCUSSION

Based on the photo I thought he was going to have a company that hosted raves. I mean, look at that picture, Kutaragi is trippin' balls. #kenkutaragi