On December 21, Coin World reported that the Japanese government will collaborate with the private sector to launch a large-scale project to develop a national artificial intelligence system valued at approximately 3 trillion yen (about 19 billion USD). It is expected that a new company will be formed in spring next year by SoftBank Group and more than ten other Japanese companies to develop Japan's largest foundational AI model. The new company will be led by SoftBank Group and will gather around 100 experts selected through a corporate competition, including engineers from SoftBank and developers from Preferred Networks. The Japanese government emphasizes that artificial intelligence directly impacts industrial competitiveness and national security, and over-reliance on foreign technology poses strategic risks, which is one of the reasons for initiating this project.

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