By Amy Edelen | Phoenix Business Journal
The investment arm of LG Electronics is partnering with the Arizona Commerce Authority to launch an AI-focused venture studio in the state.
Silicon Valley-based NovaWave Capital and the ACA on Wednesday unveiled plans for the WaveX AI venture studio, which will support startups in the health care, energy, sports and media sectors. The announcement coincides with CES, the technology industry’s largest conference held this week in Las Vegas, where a delegation of Valley leaders and startups are representing the local innovation ecosystem.
