EVOVX News Index

South Korea will nearly double AI spending to $16B in a record budget

· thenextweb.com · popularity 18/100 · 0 similar stories today

Read the original at thenextweb.com →

Summary

South Korea will spend 21.3 trillion won (about $16 billion) on AI, chips and AI data centres next year. President Lee Jae Myung set out the plan in his budget speech to the National Assembly on Monday. “We will invest 21.3 trillion won, nearly twice this year’s amount, in AI and the three megaprojects of […] This story continues at The Next Web

Found in: The Next Web. Rating basis: single outlet; outlet tier 2 (unlisted); 1 feeds; feed position 10.