Ken Kutaragi has launched an entertainment cloud computing company called Cyber AI Entertainment, reports Industry Gamers. The news was first reported by Nikkei. Kutaragi is the former chief of Sony’s game division, where he earned the distinction as the father of the PlayStation. He stepped down from his role and became an honorary chairman on the company s board in 2007.

Kutaragi says Cyber AI is focusing on networking and information processing in cloud computing for entertainment applications. Industry Gamers writes that the new venture is capitalized at 20 million yen, or $222,500. Read more at Industry Gamers.