Technology

Japan has approved an additional 631.5 billion yen, or nearly $4 billion, in public funding for advanced chipmaker Rapidus, deepening one of the country’s most ambitious industrial technology bets in decades. The latest support raises total government backing for the company to more than 2.3 trillion yen, reflecting how semiconductor policy in Japan is now…

Chinese artificial intelligence startup ShengShu Technology has secured 2 billion yuan (about $293 million) in fresh funding, marking one of the biggest AI financing rounds in China this year and highlighting how Chinese firms are moving beyond chatbot-style systems toward broader artificial intelligence models designed to understand real-world environments. The funding round was led by…