Japan Invests in AI Development: A New Era for Home-Grown Technology
The Japanese government is set to support the establishment of a new AI development company with a robust investment of approximately 1 trillion yen ($6.34 billion) over the next five years. This initiative is aimed at fostering public-private partnerships to create Japan’s largest base AI model.
Key Highlights:
- Major Collaboration: Around 10 firms, including SoftBank Group Corp, are joining forces.
- Strategic Workforce: Approximately 100 engineers from SoftBank and AI start-up Preferred Networks will fuel innovation.
- Fiscal Support: The initiative will launch in fiscal 2026, starting next April.
- National Security Focus: This move aims to compete with global leaders like China and the U.S., notably in sectors affecting national security.
- Physical AI Development: The draft emphasizes merging AI with robotics to strengthen Japan’s position.
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