Japan Bets $2.3 Trillion To Reboot Its Innovation Engine
Japan’s METI commissioned Noetra, backed by SoftBank (9434.T), Sony (6758.T), NEC (6701.T) and Honda (7267.T), to develop a “physical AI” foundation model. The government plans up to ¥1 trillion over five years, with ¥387.3 billion in year one. METI targets 10 million AI-equipped robots across 18 sectors by 2040 and a ¥370 trillion investment strategy by 2040.
