Japan's Rakuten to invest $10 mn in AI, 6G development in India

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BARCELONA : Japanese open RAN technology provider Rakuten Symphony, part of Rakuten Mobile, plans to invest $10 million in India this year to enhance AI capabilities and conduct research on 6G, a senior company executive said. The initiative will be based in the company's Bengaluru research and development center, its second-largest tech hub outside Japan. “This year and next year we are going to focus on expanding it, with a focus on ‘AI-nization’ initially.

We plan to invest about $10 million this year for the lab and towards R&D for 6G," Sharad Sriwastawa, co-chief executive officer and chief technology officer of Rakuten Mobile and president of Rakuten Symphony, told Mint on the sidelines of the Mobile World Congress in Barcelona. Rakuten Mobile is the mobile operator arm of Rakuten Group, and Rakuten Symphony is its telecom platform solutions subsidiary. Labeling India as a key global R&D hub, Sriwastawa said it had about 3,000 employees in Rakuten Symphony engaged in diverse research, development, and operational tasks.

The Indian arm of Rakuten has about 4,000 employees that support the group’s operations including e-commerce and payment services. He added that the company was hiring key function heads in India and transferring personnel to India to strengthen its local operations. The global innovation lab, set up in FY2022-23, is in addition to its existing lab on the radio access network or RAN.

Between the three centres–Bengaluru, Indore and Pune–the company’s R&D hubs focus on radio access networks, core networks and performance testing. Open RAN technology helps telecom operators to source hardware and software from different suppliers, thus ending dependence on single vendors. Rakuten has also initiated