Tech in Asia

Samsung plans $150m for early-stage AI, VR, and IoT startups

Eva Xiao, reporting for Tech in Asia;

After a rocky year of Galaxy Note 7 explosions, Samsung is starting the new year with good news.

On Wednesday at CES, the Korean tech giant announced the launch of the Samsung NEXT Fund, a US$150 million venture capital fund for early-stage startups in artificial intelligence, virtual reality, internet-of-things, and other “frontier technologies.”

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