Business councils from Japan and the United States issued a joint statement after a two-day meeting in Washington, calling on both governments to accelerate cooperation on artificial intelligence, or AI, including supporting the private sector in securing the necessary energy sources and aligning AI regulatory approaches. The statement was endorsed by a total of 130 Japanese and U.S. companies. It proposes that the two governments create an interoperable AI regulatory framework based on risk levels and use cases, grounded in mutually recognized international standards. It also supports joint research and development, the development of future energy sources to meet rising electricity demand from AI, and improving the security of digital infrastructure. David Goeckeler, chairman and CEO of Sandisk Corp, who serves as chairman of the U.S.-Japan Business Council, said AI development is happening faster than past technological advances, making it inevitable to call on Japan and the United States to step up discussions and cooperation on AI. Meanwhile, Makoto Takashima, chairman of Sumitomo Mitsui Financial Group, who serves as chairman of the Japan-U.S. Business Council and co-chaired this year's annual meeting, said that strengthening the economic partnership benefits not only Japan and the United States but is also the foundation for global growth and stability. The 64th U.S.-Japan Business Conference is scheduled to be held in Tokyo in 2027.
Sumitomo Mitsui Financial Group, Inc.SMFG chairman co-chaired the meeting and commented on the economic partnership, but no company-specific development is described.
Sandisk CorpSandisk CEO chairs the U.S.-Japan Business Council and comments on AI cooperation, but no company-specific development is described.
