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Japan Government Launches 19 Billion Dollar National AI Project with Private Sector

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Japan Government Launches 19 Billion Dollar National AI Project with Private Sector. The project will see SoftBank Group and over a dozen companies form a new entity in spring next year to build Japan’s largest foundational AI model. The project team will include around 100 experts from SoftBank and Preferred Networks. The government cited industrial competitiveness and national security as key reasons for the initiative.

In accordance with PANews, the Japanese government will collaborate with the private sector to launch a large-scale project to develop a national artificial intelligence system valued at approximately 30 billion yen (around 190 billion USD). The project is expected to see SoftBank Group and more than a dozen other Japanese companies form a new company in spring next year to develop Japan's largest foundational AI model. The new company, led by SoftBank, will bring together around 100 experts selected through corporate competitions, including SoftBank engineers and developers from Preferred Networks. The Japanese government emphasized that AI directly impacts industrial competitiveness and national security, and over-reliance on foreign technology poses strategic risks, one of the reasons for launching the project.

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