Japan Invests $9.9B to Turbocharge Chips and AI

Prime Minister Shigeru Ishiba is supercharging Japan’s tech scene with an extra $9.9 billion this fiscal year, part of a grand ¥10 trillion ($66.6B) plan by 2030. The funds bolster Rapidus Corp, aiming for mass chip production by 2027, with $7B for next-gen R&D and $3.16B for local manufacturing. This strategic push battles US and China tech giants while addressing Japan’s aging population with AI-driven solutions. Fingers crossed Rapidus doesn’t short-circuit under the pressure!