Prime Minister Sanae Takaichi has unveiled a long-term vision for Japan¡¯s economic development featuring massive investment in artificial intelligence and semiconductors as well as other key sectors including defense, space and shipbuilding.
The plan calls for investing more than ?370 trillion ($2.3 trillion) in the 14-year period ending in March 2041, with ?101.6 trillion earmarked for artificial intelligence and chips spending alone, according to documents released Wednesday after a policy advisory panel¡¯s meeting.
In introducing the plan, Takaichi said she aims to create a ¡°strong and prosperous investment framework.¡±
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