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Sumitomo Corporation

Global Industrial Giants Sumitomo and Perot Back Hypergiant

AI Juggernaut Accelerates Historic Growth with New Investment Hypergiant Industries, the AI industrial complex for leading global enterprises and governments, today announced it had secured funding from Sumitomo Corporation of Americas (“SCOA”), a wholly-owned subsidiary of Sumitomo Corporation, and Perot Jain, the venture capital arm of the Perot Companies, marking a key milestone in the company’s meteoric rise in industrial artificial intelligence. The investment comes as the company sustains an unprecedented stretch of…