Japan has unveiled grand plans to invest a staggering $2.3 trillion over the forthcoming 14-year period, zeroing in on pivotal domains such as artificial intelligence (AI) and semiconductors. Out of this colossal sum, a substantial portion—JPY 101.6 trillion—will be earmarked for the AI and chip sectors. Projections indicate that by fiscal year 2040, investments in semiconductors are expected to fuel an economic surge, contributing a remarkable JPY 443 trillion. Meanwhile, investments in tangible AI and vertical AI are anticipated to create economic ripple effects, amounting to JPY 144 trillion and JPY 222 trillion, respectively.
