🇯🇵 HUGE: Japan is making a MASSIVE bet on AI, chips and economic independence. Tokyo is seeking ¥7.8 TRILLION ($49B) for its Industry Ministry next year, with the bulk aimed at industries Japan increasingly sees as critical to its economic security. Nearly ¥2 TRILLION alone is being lined up for AI, semiconductors and robotics. Another ¥680B would go toward securing critical minerals including rare earths, alongside new spending on fuel security and dual-use defense technologies. PM Sanae Takaichi is targeting ¥370 TRILLION in public and private investment across strategic industries over the next 14 years.
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