Japan is gearing up to turbocharge its investment in semiconductor and AI development, with ambitious plans to quadruple its budget. This bold move aims to boost homegrown technology and dramatically reduce reliance on overseas suppliers, officials revealed. The initiative is a key part of Japan’s broader strategy to lead the fierce global tech race and build stronger economic resilience
The US has urged Australia to ramp up its defence spending by $40 billion annually “as soon as possible,” highlighting escalating regional security concerns, the Australian Broadcasting Corporation reports
In a significant political shift, German leader Friedrich Merz has secured the support of the Green party for an increase in defense spending. This bolsters Germany’s military commitments and reflects heightened geopolitical tensions amid calls for a more proactive defense strategy.
