Japan mulls $65 billion in public support for AI, chips ...Middle East

Tokyo: Japanese Prime Minister Shigeru Ishiba has unveiled a plan to introduce a new framework for providing over 10 trillion yen (about $65 billion) in public support over the coming years to bolster AI and semiconductor industries through 2030, local media reported. The initiative seeks to stimulate private sector investment, aiming to spur over 50 trillion yen in public and private investment combined over the next decade, reports Xinhua, quoting the public broadcaster NHK. To support the initiative, the government was considering issuing bonds backed by shares in NTT and other government-owned assets, local media reports, citing Ishiba at a press conference on Monday. In recent years,

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Japan mulls $65 billion in public support for AI, chips ...Middle East

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