According to Guru Club, on June 24, Japan's Prime Minister Takayaki Koichi announced a 370 trillion yen ($2.3 trillion) investment plan over 14 years through March 2041, with a focus on artificial intelligence and semiconductors.
The initiative, unveiled following a Wednesday meeting of Japan's policy advisory group, allocates 101.6 trillion yen of the total investment to AI and chip sectors. Additional funding targets defense, space exploration, and shipbuilding. The government projects the semiconductor investments will generate 443 trillion yen in economic impact by fiscal 2040, while AI investments are expected to produce 366 trillion yen in combined economic spillover effects.