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15.04.26 - 09:06
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Japan forges physical AI alliance to challenge US and China (Digitimes)
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Japan is accelerating efforts to build domestic AI capabilities, with SoftBank and major industrial partners forming a new company focused on physical AI to power robots, vehicles, and factory systems. Referred to as the Japan AI Foundation Model Development, the new venture was established by SoftBank, NEC, Honda Motor, and Sony Group, each holding stakes of more than 10%, according to Nikkei Asia and TechWire Asia. Additional investors include Nippon Steel, Kobe Steel, and major Japanese banks such as MUFG, Sumitomo Mitsui, and Mizuho, reflecting broad backing from Japan's industrial and financial sectors....
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17.03.26 - 14:42
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JBIC, Others to Back Nippon Steel′s Acquisition of U.S. Steel (Nippon)
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Tokyo, March 17 (Jiji Press)--A consortium of public and private financial institutions, including the Japan Bank for International Cooperation, plans to provide some 900 billion yen in loans to Nippon Steel Corp. to support its acquisition of United States Steel Corp., it was learned Tuesday. JBIC, affiliated with the Japanese government, is expected to extend about 550 billion yen, while ......
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21.02.26 - 08:54
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INTERVIEW: Nippon Steel Expects U.S. Steel′s Profit Contribution from FY 2026 (Nippon)
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Tokyo, Feb. 21 (Jiji Press)--Nippon Steel Corp. now expects United States Steel Corp. to begin contributing to its profits in the first half of fiscal 2026, Nippon Steel Chief Financial Officer Takahiko Iwai has suggested. "In the next fiscal year, we'll be able to add" profits from U.S. Steel, which the Japanese company acquired last June, Iwai said in a recent interview. "We're most loo......
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