US, Japan to call for deeper cooperation in AI, semiconductors, Asahi says
Reuters
Published Mar 29, 2024 07:37PM ET
TOKYO (Reuters) - Japan and the U.S. will announce closer cooperation in high-tech areas such as artificial intelligence (AI) in a joint statement when Prime Minister Fumio Kishida meets with President Joe Biden next month, the Asahi Shimbun newspaper said on Saturday.
Biden is set to host Kishida for an official visit to the U.S. on April 10.
Calling ties between the two allies a "global partnership", the joint statement will advocate stronger cooperation in AI and semiconductors, Asahi said without citing its sources.
As part of the agreement, Japan and the U.S. will likely set up a framework for AI research and development, working with Nvidia (NASDAQ:NVDA), Arm and Amazon (NASDAQ:AMZN), among others, the newspaper said.
The U.S. has moved aggressively in recent months to halt shipments of advanced AI chips to China, in its efforts to stop Beijing from getting cutting-edge U.S. technology that could strengthen its military.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.