NTT Secures Backing for $16.3 Billion Deal to Take Over AI Arm

(Bloomberg) – Nippon Telegraph and Telephone Corp., NTT Data Group Corp.’u sufficient bids to buy, 2.37 trillion ¥ ($ 16.3 billion) value of AI ambitions and corporate structure is expected to simplify the institutional structure.

He said on Friday, the Japanese company will begin an agreement on June 26, he said. With approximately 58% of NTT data, NTT offered 4,000 ¥ for every feeling that he did not have in the company last month.

The seizure of NTT data, one of the world’s largest data center operators, would expand the global access of various units by putting artificial intelligence in the heart of the NTT Group. NTT, which is about one -third of the government, in the growing AI race, KDDI Corp. and Softbank Corp. Tokyo compete with, forcing companies to develop a homemade AI platform to compete with Openai and China’s appreciation of Deepseek.

The movement comes because the Japanese holding is under pressure to facilitate the corporate structures of regulators. In February, the Tokyo Stock Exchange accelerated its long-term campaign to reduce such arrangements by warning companies with parental lists to better protect the interests of minority shareholders.

Since then, Nec Corp., while purchasing Nec Networks & System Integration Corp.’u, Bloomberg News Toyota Motor Corp. President of the Toyota Industries Corp. NTT had previously purchased NTT Docomo Inc.

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