Jun. 06, 2019
Sumitomo Corporation of Americas
Sumitomo Corporation Announces Strategic Investment In Hypergiant IndustriesDeal Reinforces Sumitomo’s Leadership Position in Industrial Artificial Intelligence
“We’re proud to be backed by a global leader like SCOA,” said Ben Lamm, CEO and co-founder of Hypergiant. “SCOA is a company that has advanced so many industries with critical technological breakthroughs decade after decade. This relationship will ensure that both SCOA and Hypergiant remain ahead of the competition in AI for years to come.”
About Sumitomo Corporation
Sumitomo Corporation (“SC”) is a leading Fortune 500 global trading and business investment company with 110 locations in 66 countries, regions and 22 locations in Japan. The entire SC Group consists of more than 900 companies. SC conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in companies to promote greater growth potential. SC’s core business areas include Metal Products, Transportation and Construction Systems, Infrastructure, Media and Digital, Living Related and Real Estate, Mineral Resources, Energy, and Chemical and Electronics.
About Hypergiant Industries
Hypergiant Industries is the AI industrial complex for leading global enterprises and governments. We help major institutions innovate with breakthrough machine intelligence-driven technology. The solutions, products, and companies we create support our customers on their mission to speed beyond norms and realize an exploded potential of the future we were promised. We push the boundaries of what was previously thought technologically impossible. We meet our customers in the space where impossibility intersects reality. Where light filters out the dark. And machine intelligence makes everything about your business more intelligent.
■Sumitomo Corporation’s Material Issues
Sumitomo Corporation Group positions “Six Material Issues to Achieve Sustainable Growth with Society” as an important factor in developing business strategies and in the decision-making process for individual businesses. Going forward, we will pursue sustainable growth by resolving these issues through our business activities. This Project especially contributes to “Contributing to the Development of Local Communities and Industries” and “Establishing a Foundation for Comfortable and Enriching Lifestyles”.