Japanet, a Nagasaki-based retailer famous for TV infomercials aimed at older Japanese viewers, is increasing its venture capital fund from $50 million (launched in 2021) to $200 million. The expansion comes after the company's earlier investments in AI startups Anthropic (which makes Claude, a competitor to ChatGPT) and xAI (Elon Musk's AI company) proved profitable.
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