Japan Allocates 387.3 Billion Yen to SoftBank-Led AI Model Developer on June 30

According to Japan's Kyodo News, on June 30, Japan's Ministry of Economy, Trade and Industry (METI) announced 387.3 billion yen (approximately 16.2 billion yuan) in funding for Noetra, a domestically developed AI foundational model project led by SoftBank in partnership with NEC, Honda, and Sony Group. The initiative aims to strengthen Japan's manufacturing competitiveness through physical AI research combining robotics and AI technology. Noetra will develop foundational models with advanced Japanese language understanding and capabilities to recognize images, video, audio, and physical spaces. The company has been selected for METI's support program administered by the New Energy and Industrial Technology Development Organization (NEDO).
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