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Nikkei breaks 72,000 for first time as Japan AI bet lifts semiconductor, robot stocks

Japan\'s Nikkei 225 broke above 72,000 for the first time, supported by buying in semiconductor and robot shares after the government announced a 10.5 trillion yen physical AI investment plan. The index closed up 1.55 percent at 72,353.96, its seventh straight record close. TOPIX also ended at a record. The government plans long-term investment of 370 trillion yen by 2040 and additional spending on AI infrastructure.

AI & Enterprise

Hancom Lifecare partners with France\'s Shark Robotics to enter unmanned firefighting robot business

Hancom Lifecare said on Wednesday it signed a strategic business agreement with French unmanned ground vehicle company Shark Robotics related to the South Korean market. The company said it plans to expand beyond its existing safety equipment manufacturing capabilities into robot-based intelligent safety solutions. It will introduce Shark Robotics\' COLOSSUS and Rhyno Protect models, which can be remotely controlled and fitted with modular equipment including water cannons, smoke exhaust fans, stretchers and CBRN reconnaissance sensors.

AI & Enterprise

CILab partners with Ehwa Machinery Japan on AI infrastructure business in Japan

AI company CILab said on March 17 it signed a memorandum of understanding with Japan-based industrial facilities company Ehwa Machinery Japan to supply its AI infrastructure solution AstraGo and jointly develop business. CILab aims to accelerate its push into Japan based on capabilities to maximize operational efficiency of high-cost GPU resources. The company said AstraGo 2.0 manages GPU clusters using intelligent scheduling to minimize idle resources.