Japan approves an additional $4B in subsidies to Rapidus to bankroll the chipmaker's work for Fujitsu, taking the total state investment and fees to $16.3B
Japan approved ¥631.5 billion ($4 billion) in additional subsidies to quicken Rapidus Corp.'s entry into the high-stakes AI chipmaking arena …
Japan approves an additional $4B in subsidies to Rapidus to bankroll the chipmaker's work for Fujitsu, taking the total state investment and fees to $16.3B
Japan approved ¥631.5 billion ($4 billion) in additional subsidies to quicken Rapidus Corp.'s entry into the high-stakes AI chipmaking arena …
Sources: Sumitomo Mitsui Banking Corp. is in talks with Fujitsu to help the bank's biggest customers make key decisions using AI-inferred demand predictions
Hideki Suzuki / Bloomberg :
Fujitsu makes a “significant investment” in Cohere to build and launch Japanese-language LLMs, including “Takane”, which is based on Cohere's Command R+ LLM
Shubham Sharma / VentureBeat :
How Japan's $6.4B takeover of key photoresists supplier JSR and ~$4.7B buyout of Fujitsu's chip-packaging arm Shinko Electric rankled many in the chip industry
Financial Times : X: @kanainagaki X: Kana Inagaki / @kanainagaki : Here is our deep dive into why semiconductor materials maker JSR turned to a Japanese government-backed fund for a $6.4bn take-priva...
Fujitsu says it has a “moral obligation” to compensate hundreds of UK Post Office staff wrongly prosecuted from 1999 to 2015 due to bugs in its Horizon software
Because of this buggy software, 900 UK sub-postmasters and postmistresses were “prosecuted for theft and false accounting.” … LinkedIn: Steve Holloway : A moral obligation to compensate is one thing. ...
Fujitsu plans to sell its chip packaging unit Shinko Electric for ~$4.8B to a group led by Japan Investment Corp., in an effort to offload non-core operations
In a rare rebuke, Japan told Fujitsu to take corrective measures after a 2022 hack of its cloud service affected at least 1.7K companies and government agencies
Data leaks affected at least 1,700 companies and government agencies — Fujitsu's cloud services are used by companies and the government … Bluesky: @serghei.bsky.social . Twitter: @nikkeiasia Bluesk...
Vodafone sues the UK, claiming Fujitsu was unfairly awarded a contract to upgrade the secure network connecting 532 embassies and other government locations
Bloomberg : Tweets: @marcusjdl , @thestuffofmemes , and @business Tweets: Marcus / @marcusjdl : What is this thing about suing the government and wasting taxpayers' money (hello Taxpayers' Alliance a...