Rakuten Bank, Ltd.

Nvidia CEO Jensen Huang unveiled a broad slate of AI products, partnerships, and customer deployments at the company's Japan AI event in Tokyo on July 15. The announcements spanned physical AI, healthcare, financial services, quantum computing, automotive, manufacturing, and gaming, highlighting Nvidia's push to position its technologies at the forefront of Japan's next-generation AI infrastructure. In physical AI and robotics, Nvidia launched Cosmos 3 Edge for on-device vision reasoning, and companies including FANUC, Fujitsu, Hitachi, Kawasaki Heavy Industries, Kubota, NEC, SoftBank, Sony Group, and Yaskawa Electric plan to join the Nvidia Cosmos Coalition to develop open physical AI models. In healthcare, Astellas Pharma, Eisai, Daiichi Sankyo, Ono Pharmaceutical, and Takeda Pharmaceutical are deploying Nvidia BioNeMo for AI-powered drug discovery, while Canon and Fujifilm introduced Nvidia-powered next-generation CT systems, and Kawasaki Heavy Industries is advancing AI-enabled surgical and hospital robots. In financial services, Mizuho Financial plans Japan's largest on-premises AI factory for banking, Sumitomo Mitsui Financial has deployed an AI factory through Japan Research Institute, and Rakuten Bank is developing AI transaction foundation models using Nvidia Agent Toolkit. Huang emphasized that the next wave of AI will be physical AI—robots, factories, vehicles, and industrial systems that can perceive, reason, and act in the real world—and said Japan's leadership in robotics, manufacturing, and precision engineering positions it to play a leading role in this transition.

Mizuho Bank and Rakuten Bank have entered into a strategic capital and business alliance to create a new credit model combining megabank corporate expertise with digital bank retail reach. As part of the capital alliance, Mizuho Bank will acquire 23,559,673 Class A shares of Rakuten Bank, which will be converted into common shares during a broader reorganization of Rakuten's FinTech business. The partnership aims to optimize domestic fund circulation by connecting Mizuho's corporate clients' financing needs with Rakuten Bank's retail deposit base, and includes plans for Rakuten Bank to acquire corporate loans originated by Mizuho. The banks will also collaborate on working capital for small businesses, housing loan efficiency, and backup cash disbursement protocols for Rakuten Bank during crises.