Japan Invests Billions in AI Chip Startup Rapidus

Japan has significantly increased its financial backing for Rapidus Corp., approving an additional ¥631.5 billion ($4 billion) in subsidies. This substantial investment aims to accelerate the startup's efforts in the highly competitive global AI chipmaking market. The funding is earmarked to support Rapidus's work with IT firm Fujitsu Ltd., a key client that Tokyo hopes will help establish the ambitious venture. With this latest injection, the Japanese government's total investment in Rapidus now reaches ¥2.6 trillion, underscoring the nation's strategic commitment to developing advanced semiconductor capabilities.