Sony’s Former Chief, Who Pushed Content but Missed iPod Wave, Dies at 84

Then Sony Corp. chief corporate adviser Nobuyuki Idei, is seen in Tokyo on Oct. 17, 2005. (AP)
Then Sony Corp. chief corporate adviser Nobuyuki Idei, is seen in Tokyo on Oct. 17, 2005. (AP)
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Sony’s Former Chief, Who Pushed Content but Missed iPod Wave, Dies at 84

Then Sony Corp. chief corporate adviser Nobuyuki Idei, is seen in Tokyo on Oct. 17, 2005. (AP)
Then Sony Corp. chief corporate adviser Nobuyuki Idei, is seen in Tokyo on Oct. 17, 2005. (AP)

Nobuyuki Idei, the urbane former chief executive of Sony Group Corp, who spearheaded the Japanese conglomerate's push into content but missed the shift to MP3s that led to the iPod, died on June 2, the company said on Tuesday.

Idei, who was 84, took the helm in 1995 to drive Sony into entertainment from hardware, but under his leadership the company behind the Walkman was slow to embrace MP3s and flat-panel TVs.

Known for his charisma and frank manner, Idei had been handpicked by predecessor Norio Ohga but his push into content opened a rift between Japan-based engineers and foreign movie and music executives.

"When I was in charge of Sony, I was criticized for saying we shouldn't make panels," Idei told Reuters in 2012.

"But when Toyota builds cars it buys the steel from Nippon Steel. The value is in the car, not the steel."

Under Idei, Sony ceded its lead in the portable music industry it had created to Apple, with the company also outmaneuvered by domestic rivals and Korean companies in televisions.

In 2000, Sony's valuation was seven times that of Apple and Ohga had considered a takeover of the California-based firm during the early 1990s, Reuters has reported.

Idei stepped down in 2005 to take responsibility for slumping earnings and was replaced by Britain-born Howard Stringer, who became the first foreigner to lead the company.

The drive away from fabrication accelerated after Idei's tenure as Sony sold off loss-making hardware operations to focus on entertainment, such as the PlayStation games business.

"The prescience and foresight with which (he) predicted the impact of the internet, and engaged proactively with digitization across Sony, amazes me to this day," Sony's chief executive, Kenichiro Yoshida, said in a statement.

Idei died of liver failure. After his departure from Sony, he had continued to play a role in corporate Japan as an adviser and director on company boards.



AI Cloud Provider SMC Plans Global Rollout

People attend a media tour of Sustainable Metal Cloud's Sustainable AI Factory in Singapore July 25, 2024. REUTERS/Caroline Chia/File Photo Purchase Licensing Rights
People attend a media tour of Sustainable Metal Cloud's Sustainable AI Factory in Singapore July 25, 2024. REUTERS/Caroline Chia/File Photo Purchase Licensing Rights
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AI Cloud Provider SMC Plans Global Rollout

People attend a media tour of Sustainable Metal Cloud's Sustainable AI Factory in Singapore July 25, 2024. REUTERS/Caroline Chia/File Photo Purchase Licensing Rights
People attend a media tour of Sustainable Metal Cloud's Sustainable AI Factory in Singapore July 25, 2024. REUTERS/Caroline Chia/File Photo Purchase Licensing Rights

Singapore-headquartered AI cloud provider Sustainable Metal Cloud (SMC) is planning to expand globally as its sees fast-growing demand for its energy saving technology, its CEO said on Thursday.

"Due to client demand, we’re looking to expand in EMEA (Europe Middle East and Africa) and North America," CEO and co-founder Tim Rosenfield said, Reuters reported.

The startup, a partner of AI chip giant Nvidia, already operates what it calls "sustainable AI factories" in Australia and Singapore and is set to launch in India and Thailand.

Its clients in Singapore, where it operates over 1,200 of Nvidia's high-end H100 AI chips, include Facebook owner Meta who uses SMC's cloud to run its Llama 2 AI model.

While most data centres depend on air cooling technology, SMC uses immersion technology, submerging servers from Dell fitted with GPUs (graphics processing units) from Nvidia in a synthetic oil called polyalphaolefin to draw heat away faster.

The technology behind the approach reduces energy consumption by up to 50% compared to traditional air cooling, according to the CEO.

Demand for AI is expected to increase 10-fold compared with 2023, according to the International Energy Agency (IEA).

The electricity consumption of data centres globally is expected to top 1,000 terawatt-hours in 2026, roughly equivalent to Japan's total annual consumption, the IEA said in March.

SMC is currently raising $400 million in equity and $550 million in debt according to a source with direct knowledge of the matter.

The company declined to comment. The fundraising was first reported by Bloomberg.