GMO Internet Group is making a foray into artificial intelligence (AI) and robots to help Japan deal with a labor shortage that's likely to worsen over time.

“We have created a new company to overcome this near-future challenge and sustain Japan’s economic growth by facilitating the use of AI, robots and industrial drones,” said Masatoshi Kumagai, CEO of GMO Internet Group, during a news conference on Tuesday in Tokyo.

GMO AI & Robotics, the newly formed unit, is a trading company specializing in AI and robots.