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On Sunday, individuals with inside knowledge of the situation revealed that the Japanese government is set to allocate roughly 1 trillion yen (equivalent to approximately US$6.34 billion) over the next five years. This investment is aimed at bolstering the research and development of domestic artificial intelligence technology through a newly - formed company that is currently in the process of being established.
This upcoming company will be a collaborative effort, jointly set up by about 10 enterprises, among which SoftBank Group is a key participant. The primary objective of this joint venture is to develop Japan's most extensive foundational AI large - scale model via a public - private partnership approach.
The five - year support initiative is scheduled to kick off officially in the 2026 fiscal year, which commences in April of the following year.
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