Japan announces US$6 billion support for home-grown AI development
Baku, December 21, AZERTAC
The Japanese government will provide roughly 1 trillion yen (US$6.34 billion) in support over five years to help a planned new company develop home-grown artificial intelligence, a source close to the matter said on Sunday, according to South China Morning Post.
The company will be established by around 10 firms including SoftBank Group Corp, aiming to develop the country’s largest base AI model through public-private cooperation, the source said.
The five-year support scheme is set to begin in fiscal 2026, which starts next April, according to the source.
Japan’s move to develop its own AI comes as it hopes to compete with China and the United States, leading players in the field of this technology that can directly impact national security.
According to the source, around 100 engineers from SoftBank and artificial intelligence start-up Preferred Networks Inc. will join the new company.
Faced with global competition over the procurement of semiconductors, it is hoped that the new company, with help from the government, can secure necessary supplies, according to the source.
FEEDBACK
Other news in this section
- 19.09.2026 [13:59]
Trump says he is banning CNN and Politico from White House
- 19.09.2026 [13:18]
Explosion reported at Syrian army site west of Deir ez-Zor
- 19.09.2026 [10:19]
Death toll at 31 in Pakistan police compound attack, AFP reports
- 18.09.2026 [22:18]
Record US diesel prices squeeze farmers; food prices may rise
- 18.09.2026 [20:20]
At least 26 killed in South Sudan tribal clashes
- 18.09.2026 [19:51]
WHO flags growing health workforce gap as workers and patients age
Top stories update
- 19.09.2026 [20:00]
Baku Declaration signed on establishment of Turkic Union of Composers
- 19.09.2026 [19:56]
Grape and Wine Festival kicks off in Shamakhi
- 19.09.2026 [19:20]
Azerbaijani veterans attend event marking Veterans Day in Türkiye
- 19.09.2026 [16:59]
Trump says he is banning CNN and Politico from White House
- 19.09.2026 [13:59]
“Turkic Music Awards” to be established
- 19.09.2026 [13:52]
Explosion reported at Syrian army site west of Deir ez-Zor
- 19.09.2026 [13:18]
Baku hosts opening ceremony of 1st Kurultai of Composers of Turkic World
- 19.09.2026 [12:25]
Azerbaijani athlete wins Jiu-Jitsu tournament in Sweden
- 19.09.2026 [12:08]
Top stories update
- 19.09.2026 [12:00]
Azerbaijani mugham and Chinese music performed in Beijing
- 19.09.2026 [11:24]
Death toll at 31 in Pakistan police compound attack, AFP reports
- 19.09.2026 [10:19]
Record US diesel prices squeeze farmers; food prices may rise
- 18.09.2026 [22:18]
1st Kurultai of Composers of Turkic World opens with gala concert in Baku
- 18.09.2026 [22:16]
Azerbaijani pianist performs solo concert at Warsaw University
- 18.09.2026 [21:31]
Azercosmos successfully completes its external audit on ISO standards
- 18.09.2026 [21:26]
Seminar on historical-geographical atlas of Caucasian Albania held in Baku
- 18.09.2026 [21:21]
Türkiye’s National Defense Ministry: Stronger together, Determined together!
- 18.09.2026 [20:39]
At least 26 killed in South Sudan tribal clashes
- 18.09.2026 [20:20]
Top stories update
- 18.09.2026 [20:00]
WHO flags growing health workforce gap as workers and patients age
- 18.09.2026 [19:51]
Azerbaijan’s chess teams claim another win at Olympiad
- 18.09.2026 [19:50]
Uzeyir Hajibayli’s legacy featured on Russia’s Orpheus Radio
- 18.09.2026 [19:26]
Tbilisi hosts inaugural regional summit of central bank governors
- 18.09.2026 [19:13]
ANAMA Chairman meets with UK ambassador
- 18.09.2026 [19:10]
Azerbaijan to host “Power of Unity – 2026” Joint Military Exercise
- 18.09.2026 [19:06]
Barcelona's coffers are suffering despite record revenues
- 18.09.2026 [18:16]
ANAS hosts meeting with delegation from Chinese Academy of Social Sciences
- 18.09.2026 [17:43]
AFFA, Football Federation of Pakistan explore cooperation
- 18.09.2026 [16:54]
AC30 participants tour Azerbaijan’s National Hydrometeorological Service
- 18.09.2026 [15:14]
Azerbaijan’s National Music Day celebrated in Rome
- 18.09.2026 [15:11]
Japan raises interest rate to new 31-year high to curb rising prices
- 18.09.2026 [14:49]
FIFA rejects Spain's request regarding Barcelona star
- 18.09.2026 [14:00]
Former NBA player Michael Sweetney passes away at age 43
- 18.09.2026 [13:56]
Azerbaijan elected to ICPEN Advisory Group
- 18.09.2026 [13:06]
Vessel attacked on Omani side of Strait of Hormuz, crew safe
- 18.09.2026 [13:04]
New tiger cat species identified in Bolivia, first in over a century
- 18.09.2026 [12:09]
Top stories update
- 18.09.2026 [12:00]
Houthis claim 37 Saudi airstrikes on Yemen in 24 hrs
- 18.09.2026 [11:42]
ADY renews locomotive fleet: New locomotives delivered to Baku from China
- 18.09.2026 [11:38]
Gold and silver prices rise on global markets
- 18.09.2026 [11:36]
18th Uzeyir Hajibayli International Music Festival kicks off
- 18.09.2026 [11:35]
Oil prices decline in global markets
- 18.09.2026 [11:10]
World stars of music, ballet and theatre at Baku International Arts Festival
- 18.09.2026 [11:02]
US approves visas for Iranian delegation to attend UN General Assembly
- 18.09.2026 [10:41]
Azeri Light sells for $121
- 18.09.2026 [10:21]
Merz, Trump discuss Ukraine war, Gulf crisis
- 18.09.2026 [09:59]
Trump says US, Poland making 'major progress' toward new US Army base
- 17.09.2026 [22:35]
Chinese FM holds phone talks with Rubio on high-level interactions
- 17.09.2026 [22:10]
Iran orders Swedish diplomat to leave within 48 hours in tit-for-tat move
- 17.09.2026 [22:10]
N. Korean sports minister arrives in Japan ahead of Asian Games
- 17.09.2026 [21:53]
Azerbaijan’s Khankedi, Romania’s Baia Mare become sister cities
- 17.09.2026 [21:50]
Candidates of Azerbaijani origin win seats in Swedish elections
- 17.09.2026 [21:45]
Azerbaijan, Estonia hold another round of consular consultations
- 17.09.2026 [21:21]
Museums of Azerbaijan and UAE enhance cooperation
- 17.09.2026 [20:58]
Magnitude 6.3 earthquake strikes Nikolski, Alaska region
- 17.09.2026 [20:58]
King Charles warns of 'existential danger' of AI falling into wrong hands
- 17.09.2026 [20:08]
Top stories update
- 17.09.2026 [20:00]
International audience briefed on Azerbaijan’s economy at US university
- 17.09.2026 [19:55]
Azerbaijan, TRACECA explore cooperation
- 17.09.2026 [19:05]