Japan Bets $16 Billion to Propel Startup Rapidus Into AI Chips

Japan Bets  Billion to Propel Startup Rapidus Into AI Chips



Japan Bets $16 Billion to Propel Startup Rapidus Into AI Chips
Japan approved ¥631.5 billion ($4 billion) in additional subsidies to quicken Rapidus Corp. into the intensely competitive AI chipmaking arena, ramping up financial support for a signature project widely regarded as a long shot.


www.bloomberg.com
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