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South Korea's Ambitious AI and Chip Investments Set to Transform Tech Landscape by 2027

World News

South Korea's Ambitious AI and Chip Investments Set to Transform Tech Landscape by 2027

South Korea to double spending on AI and chips in 2027

The Straits Times

South Korea to double spending on AI and chips in 2027

President Lee Jae Myung flagged the $20.5 billion investment in his budget speech.

South Korea targets 'world's highest performance' sovereign AI model in record new budget

CNBC

South Korea targets 'world's highest performance' sovereign AI model in record new budget

The 2027 budget will rise 12.8% to 820.9 trillion won, and will include a 21.3 trillion won investment into semiconductors, physical AI and AI data centers.

Sam Altman makes surprise South Korea visit as OpenAI builds on chip partnerships

CNBC

Sam Altman makes surprise South Korea visit as OpenAI builds on chip partnerships

OpenAI CEO Sam Altman made an unannounced visit to South Korea over the weekend, meeting with Samsung executives and reportedly SK Group executives.

South Korean exports nearly double in October on AI investment boom

Business Standard

South Korean exports nearly double in October on AI investment boom

Exports from Asia's fourth-largest economy, a bellwether for global trade, rose 93.7% from the same ‌month last year to $115.28 billion

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