News On Japan

Japan eyes $13bn in aid for chips, generative AI in stimulus budget

TSMC, Rapidus and Intel projects to receive support under METI proposal

Nov 09 (Nikkei) - Japan's government will seek 2 trillion yen ($13.2 billion) in budget funding to support chip production and advances in generative AI technology, including more aid for Taiwan Semiconductor Manufacturing Co. (TSMC).

The Ministry of Economy, Trade and Industry (METI) seeks about 650 billion yen in a proposed supplementary budget for Japanese chipmaker Rapidus' prototype production line and an Intel research center, as well as support for advanced semiconductor designs. ...continue reading

News On Japan
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The 33rd Summer Olympics in Paris officially commenced with an opening ceremony held on the Seine River in the city center on the 26th (27th Japan time).

Japan's Ministry of Health, Labour and Welfare has initiated the creation of guidelines for taking home leftovers as part of its efforts to reduce food waste. Restaurants are hopeful for clear directions on preventing food poisoning.

Japan's Ministry of Health, Labour and Welfare have announced the average life expectancy for Japanese people last year, with women having an average life expectancy of 87.14 years, and men 81.09 years, both about half a month higher than the previous year.

Theft of air conditioner outdoor units has surged as Japan's heatwave continues, leaving some businesses unable to run critical cooling systems.

As power harassment allegations against the governor of Hyogo Prefecture continue to swirl, it has been revealed that another prefectural employee has passed away, with the prefecture delaying a formal announcement of the death by 3 months.

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Last week, global religious leaders, including representatives from the Vatican and the World Conference of Religions for Peace, gathered in Hiroshima to express concerns about AI development. They emphasized the need for transparency, inclusiveness, and fairness in AI usage.

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