Japan and the US is to jointly develop AI shipbuilding robots, with Japan aiming to double shipbuilding output by 2035, Nikkei reports; while Japan secured USD 100mln budget for the joint venture

Japan and the US is to jointly develop AI shipbuilding robots, with Japan aiming to double shipbuilding output by 2035, Nikkei reports; while Japan secured USD 100mln budget for the joint venture.

The partnership between Japan and the US to develop AI shipbuilding robots signifies a notable escalation in technological cooperation, which could enhance Japan's shipbuilding capacity. This ambition to double production by 2035 may lead to increased competition in global shipbuilding and could have implications for related commodities, especially metals. Investors should watch for shifts in trade dynamics and any potential impacts on currency valuations, particularly for the JPY and USD.