US EditionJapan Approves Additional $4 Bln for Chipmaker Rapidus
The new money lifts Japan’s total support for the startup to 2.6 trillion yen as it seeks 2-nanometer chip production by fiscal 2027.
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8 Articles
Japan Bets $16 Billion to Propel Rapidus in Global AI Chip Race
(Bloomberg) — Japan approved ¥631.5 billion ($4 billion) in additional subsidies to quicken Rapidus Corp.’s entry into the high-stakes AI chipmaking arena, ramping up support for a project widely regarded as a long shot.
Channel News Asia
Cryptocurrency News | Cryptocurrency Prices | Market CapJapan approves additional $4 billion for chipmaker Rapidus
TOKYO, April 11 : Japan's industry ministry said on Saturday it has approved an additional 631.5 billion yen ($3.96 billion) to accelerate research and development at chipmaker Rapidus.The support is part of the government's efforts to boost domestic production of advanced semiconductors and strengthen chip s
Japan to invest $16 billion in its own startup Rapidus to produce AI chipsThe Japanese government has increased funding for the startup Rapidus to produce 2-nanometer chips. Total investment in the project will reach $16.3 billion.
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