AIReuters1h ago
South Korean President Lee Jae Myung vows $15.97B for AI, chips
South Korean President Lee Jae Myung vows $15.97B for AI, chips, physical AI, and data centers in the country's 2027 budget, nearly twice the 2026 amount
TL;DRSouth Korea is doubling AI spending to $16B by 2027 for chips and infrastructure.
Why it matters: Major geopolitical shift in AI race; signals Korea's commitment to compete with US and China.
South Korean President Lee Jae Myung vowed on Monday to make bold investments in artificial intelligence to boost …
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