[HS] The father of the PlayStation open new business

Ken Kutaragi is probably one of the men who has the greater history of video games, creating just the Playstation and other consoles before. Everything went well for him until the release of the PS3, where he was forced to retire. Why? Simply because of the rather feeble launch of the PS3 and the cost of producing it, which was enormous.

Ken Kutaragi with PSP

 But today, "Father of Playstation" announces that it created a company calling itself "Cyber Ai Entertainment. The "Ai" means "love" in Japanese, but it is also a pun on "eye" ( "eye" in English). The company's objective is to market the service development of next generation Internet. Kutaragi holds 90% stake in the company, while former Sony engineer, Takashi Usuki, will own the remaining 10%, and will join the board of directors. Cyber AI Entertainment has announced that starting capital of 20 million yen (about 150 000 €).