The Land of the Rising Sun is a peculiar mix of tradition and modernity. Nowhere else in the world can one see centuries-old shrines sitting comfortably next to high tech skyscrapers in such harmony. Nowhere in the world does the airport ground crew stop what they're doing so they can wave goodbye to departing planes until they're out of sight. Nowhere in the world will you find customer service that drips with genuine sweetness with no tips expected. Nowhere in the world will you find a people as endearing as the Japanese.

Google has made a rare investment in Japan after the company led a follow-on round for AI and machine learning startup ABEJA. The deal amount is undisclosed but a little digging suggests that it is likely a single-digit million U.S. dollar figure. That's because six-year-old ABEJA did confirm that it has now raised JPY 6 billion ($53 million) from investors to date. The company has raised $45 million in disclosed capital, according to Crunchbase, which leaves around $8 million unaccounted for -- although that covers both the Google investment and a previous Series A deal in 2014, which was also undisclosed. Numbers aside, the deal is notable not only because it represents a Google deal in Japan, but because it is strategic in nature.

For trend-conscious corporate executives in Japan, a connected world is not a distant future in the making but a reality. A growing number of Japanese companies are waking up to the need to sharpen their business strategies and boost investment as the hunt for the next big thing intensifies. The prospect of an aging Japan and a shrinking domestic market is also giving them the opportunity of pondering how they can help solve social and business issues as the country gravitates toward connecting everything from home appliances to cars and factories to the internet. The government of Prime Minister Shinzo Abe, for its part, is pinning hopes on the benefits of the so-called internet of things and artificial intelligence, hoping that they will become a growth driver rather than a stumbling block at a time when the world's third-largest economy continues to struggle. "I've wanted to do something that will make an industrial change, now that we have IoT, big data, and AI," said Yosuke Okada, the 27-year-old chief executive officer of startup ABEJA Inc. "Japan has many researchers in the field of AI … but there seems to be little interest in solving the kinds of challenges we face in society by monetizing AI-based businesses," Okada said in a recent interview.