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Sources: Chinese officials recently told some top local tech companies that the government will be more active in overseeing their AI data centers and AI chips (Qianer Liu/The Information)

Qianer Liu / The Information : Sources: Chinese officials recently told some top local tech companies that the government will be more ac...

2 April 2024

Japan approves up to $3.9B in subsidies to chip venture Rapidus, as the company tries to close the gap with TSMC in cutting-edge fabrication technology (Yuki Hagiwara/Bloomberg)

Yuki Hagiwara / Bloomberg:
Japan approves up to $3.9B in subsidies to chip venture Rapidus, as the company tries to close the gap with TSMC in cutting-edge fabrication technology  —  Japan approved up to ¥590 billion ($3.9 billion) in subsidies to chip venture Rapidus Corp., committing more money to its ambition to catch up in semiconductor manufacturing.

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