Key facts
- NTT's optical communications fund has chosen its first investment.
- The chosen investment is Spanish startup iPronics.
- NTT aims to commercialize its optical technology for AI applications.
- The fund seeks outside partners to promote its technology.
NTT, a major Japanese telecommunications company, has established an optical communications fund with the goal of commercializing its technology for artificial intelligence applications. The fund has now identified its first investment target: iPronics, a startup based in Spain. This move signifies NTT's strategy to collaborate with external partners to accelerate the adoption and development of its optical technology for AI. iPronics is described as a switch maker, and the funding round also included participation from Nvidia.