Market Chatter: Japan, US to Jointly Invest $1 Billion in AI, Advanced Tech Under Genesis Mission

MT Newswires Live06-02 08:33

Japan and the United States will jointly invest $1 billion over five years in artificial intelligence and other advanced fields under the Trump administration's Genesis Mission, Nikkei Asia reported Monday.

Launched in 2025, the Genesis Mission aims to build a new AI platform by integrating federal scientific databases and national laboratory supercomputers. The project accelerates scientific research by using AI-driven hypothesis testing and automated processes.

Under the agreement, Japan will contribute $500 million to collaborate on priority areas including biotechnology, nuclear fusion, and quantum information science, while senior Japanese officials plan to visit the US in early June for a joint announcement with the Department of Energy, the newswire said.

Major tech companies, including Microsoft, Google, and Nvidia, will also participate by supplying advanced AI models and expanding supercomputing capacity, the report added.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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