Japan to pump funding into AI chip development- Nikkei Asian Review

Wary of allowing the country's industry fall behind, the Japanese government is set to fund the development of semiconductors for artificial intelligence and other new technologies. The country's Ministry of Economy, Trade and Industry sees it as imperative to nurture new areas of manufacturing to help shore up the country's economic growth. The colossal sums involved in developing chips, even in their trial phase have meant the area has largely been dominated by Japan's biggest companies. Now the ministry plans to provide financial help to startups and researchers in the field by purchasing the necessary software and equipment. The hope is to lay the ground work for the development of advanced technology and foster a strong pool of talent that can compete on the global stage.