Japan plans to invest 370 trillion yen over the next 14 years, focusing on AI and semiconductors.
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Japan plans to invest 370 trillion yen (2.3 trillion US dollars) over the 14 years ending in March 2041 in areas including artificial intelligence, semiconductors, defense, space, and shipbuilding. Among these, spending on artificial intelligence and chips will amount to 101.6 trillion yen. The plan anticipates that by fiscal year 2040, semiconductor investment will generate an economic boost of 443 trillion yen, while investments in physical artificial intelligence and vertical artificial intelligence will generate economic spillover effects of 144 trillion yen and 222 trillion yen respectively.
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