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Citi's Japan, Asia North and Australia Cluster and Banking Head Marc Luet expects AI infrastructure investment to remain a dominant theme, despite growing scrutiny. He speaks after data center firm Nextdc shares plunged following a public backlash. (Source: Bloomberg)
Tokyo, Oct. 19 (Jiji Press)--The Japan Business Federation, or Keidanren, plans to develop a new medium-term vision in light of an accelerating decline in the country's population and the spread of artificial intelligence, its chairman, Yoshinobu Tsutsui, said Monday. "Looking ahead to 2050, we will draw up a vision for the economy and society that we should aim for," he said at a symposium...
Asian stocks were set to rebound Friday as concerns over stretched artificial-intelligence valuations eased, putting the region on course for its first gain this week after a four-day slide.
Chiba, Oct. 13 (Jiji Press)--Artificial intelligence and other cutting-edge digital technologies are on display as the CEATEC international exhibition opened on Tuesday at the Makuhari Messe convention center in Chiba, a city near Tokyo, joined by 821 companies and organizations from Japan and abroad. "As societal challenges become increasingly complex, it is important not only to create new...
Japan’s two largest securities firms expect the country’s stock market rally to extend well into 2027, even as a potential reversal in artificial intelligence investment looms as the primary threat.
Tokyo, Oct. 7 (Jiji Press)--Japan has seen a spate of cyberattacks targeting companies that resulted in breaches of personal information. While affected companies are scrambling to pay compensation and prevent recurrences, corporate Japan faces mounting challenges as the widespread adoption of artificial intelligence may be contributing to the spike in cyberattacks. GMO Research & AI Inc...
Tokyo, Oct. 6 (Jiji Press)--Japan's Defense Ministry plans to enhance research and development for the introduction of Self-Defense Forces transport ships equipped with artificial intelligence and automatic navigation technology, informed sources have said. The move is part of the ministry's labor-saving efforts and also aimed at reinforcing the SDF's maritime transportation capacity in pre...
Tokyo, Oct. 2 (Jiji Press)--Jera Co. and two other companies said Thursday that they will spend 15 billion dollars to build a large data center for artificial intelligence at a thermal power station in Chiba, a city near Tokyo. The data center will have a power capacity of up to 400,000 kilowatts, making it one of the biggest data centers in Japan. It is expected to go into operation around ...
Tokyo, Oct. 1 (Jiji Press)--The Japanese government said Thursday it plans to designate the five years beginning in fiscal 2027 as an intensive investment period and identify 17 priority sectors, such as artificial intelligence and semiconductors, in its growth strategy implementation program to be compiled at year-end. The program, to be formulated alongside the government's budget proposa...
Tokyo, Sept. 30 (Jiji Press)--Tokyo District Court on Wednesday found that human voices are subject to protection under publicity rights, which allow celebrities to monopolize the commercial value derived from their names and portraits. The court ruled on the first lawsuit in Japan over voice rights infringement involving generative artificial intelligence, which was brought by popular Japa...