Japan’s 2 Trillion Yen AI Stimulus

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The story "Japan’s 2 Trillion Yen AI Stimulus" was covered 4 days ago by The Diplomat, a news publisher based in United States.

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Japan’s 2 Trillion Yen AI Stimulus - The Diplomat

Quick Summary:

Tokyo is poised to roll out a long-awaited stimulus package that will enable Japanese firms to gain global share in the fields of semiconductors and artificial intelligence.

The package will attract its coalition partners to reach a series of goals: to produce 2nm AI-enabled chips by 2027, establish a fully automated chip production facility by 2028, train 20,000-plus engineers in cutting-edge semiconductor designing, and bypass tech hurdles by adopting new architectures like Gate-All-Around (GAA) transistors instead of traditional FinFET designs.

While the Japanese government focuses on the expansion of next-gen tech inside the country, keiretsu groups, an interconnected network of Japanese companies, prefer to seek profits outside of the domestic market.