China fuels rush to turn AI video into an industry

πŸ‡―πŸ‡΅ The Japan Times (JP) —
 China fuels rush to turn AI video into an industry

AI Summary

In Japan, local governments are actively promoting AI-driven video industry growth by establishing technology clusters and providing subsidies to AI filmmakers and startups. This move follows a familiar industrial policy approach aimed at fostering innovation and commercial development in the AI sector.

Local governments are promising to build tech clusters and offering subsidies to AI filmmakers and startups, a familiar industrial policy playbook.

World Markets Deals AI & Tech AI video industry technology clusters industrial policy Japan startups subsidies AI filmmaking innovation

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