Japan’s Chip Venture Rapidus Gets $1.7 Billion Funding Boost

Bloomberg Japan’s Rapidus Corp. secured investment totaling ¥267.6 billion ($1.7 billion) from the government and dozens of companies including Sony Group Corp., Toyota Motor Corp. and SoftBank Corp. in a sign of growing hopefulness around the long-shot chip venture. Rapidus, which aims to begin mass production of 2-nanometer chips by March 2028, is in talks with more than 60 companies eager to design chips for artificial intelligence, robotics and the growing need to field compute on devices, Chief Exec ...