US tech giants like Google, Amazon, and Microsoft are investing billions of dollars in artificial intelligence, cybersecurity, and chip production in Japan. This move comes as Japan aims to regain its position as a leader in the tech industry. With supportive government policies and resilient start-ups, Japan has the potential to regain its tech edge.
US tech giants are pumping billions of dollars into artificial intelligence, cybersecurity and chip production in Japan , which dominated the hardware industry in the 1980s.
"Geopolitical tensions have made Japan a more attractive and stable partner compared to China," said Khos-Erdene Baatarkhuu, CEO of fintech company AND Global. And only seven Japanese firms appear among more than 1,200 tech"unicorns" -- start-ups worth more than $1 billion -- listed by CB Insights. The United States and some European countries have blocked exports of high-tech chip technology to China over fears of military use.
Japan has spent 3.9 trillion yen in the past three years on chip-related subsidies -- a larger portion of gross domestic product than the United States or Germany.are also collaborating with US giant IBM on a semiconductor project called Rapidus, aiming to mass-produce two-nanometre logic chips in Japan from 2027."This is a great time to invest in Japan" with the yen's value at a 34-year low, said Hideaki Yokota, vice president of the specialist IT think-tank MM Research Institute.
US Tech Giants Japan Artificial Intelligence Cybersecurity Chip Production Hardware Industry Google Amazon Microsoft Chatgpt-Maker Openai Government Policies Start-Ups Tech Industry
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