Chunghwa Telecom has backed 80-plus startups via CVC and adds two AI subsidiaries

Chunghwa Telecom EVP Chen Yuan-kai said the carrier has invested in and nurtured more than 80 semiconductor, cybersecurity and AI startups through corporate venture capital. It recently set up two subsidiaries for cloud generative AI and edge AI software, and uses its seven overseas units to help startups expand abroad, making it a growing source of strategic capital.