Japan’s $2.3 trillion bet on the future: Can AI, chips and space power a new economic revival?

Japan is preparing one of its most ambitious economic plans in decades, introducing a long-term investment strategy worth about 370 trillion yen ($2.3 trillion) by 2040. The initiative shows Tokyo’s growing belief that emerging technologies such as artificial intelligence, semiconductors and space development will shape both economic prosperity and national security in the years ahead. The strategy, expected to be announced as early as next week, is being championed by Prime Minister Sanae Takaichi’s government as a way to reignite growth in an economy that has struggled with slow expansion, an ageing population and concerns about declining global competitiveness.