JAPAN JUST ANNOUNCED A $2.3 TRILLION INVESTMENT PLAN FOR AI AND SEMICONDUCTORS OVER THE NEXT 14 YEARS
Prime Minister Sanae Takaichi just unveiled the roadmap covering the period through fiscal 2040.
The bulk of the AI and chip spending goes toward semiconductors and vertical AI built for specific industries.
The projected economic spillover effects by fiscal 2040:
Semiconductor investment: $2.8 trillion in economic impact Physical AI investment: $895 billion Vertical AI investment: $1.4 trillion
The US is spending trillions on AI infrastructure. China is spending trillions. Now Japan is committing $2.3 trillion.
(Source Bloomberg)