๐ฏ๐ต HUGE: Japan is making a MASSIVE bet on AI, chips and economic independence.
Tokyo is seeking ยฅ7.8 TRILLION ($49B) for its Industry Ministry next year, with the bulk aimed at industries Japan increasingly sees as critical to its economic security.
Nearly ยฅ2 TRILLION alone is being lined up for AI, semiconductors and robotics.
Another ยฅ680B 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 ยฅ370 TRILLION in public and private investment across strategic industries over the next 14 years.