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South Korea's Ambitious AI Investments and Economic Growth: A Record Budget and Robust Exports

AI News

South Korea's Ambitious AI Investments and Economic Growth: A Record Budget and Robust Exports

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.

South Korea's Lee vows to make bold AI investment in record budget push

Economic Times

South Korea's Lee vows to make bold AI investment in record budget push

His administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion) aiming to strengthen South Korea's technological edge as...

AI debt surge pushes Magnificent Seven borrowing to $578 billion, up 45%: SBI Research

Economic Times

AI debt surge pushes Magnificent Seven borrowing to $578 billion, up 45%: SBI Research

The combined debt of the seven largest US technology companies, widely known as the Magnificent Seven, has increased nearly 45 per cent to USD 578 billion by mid-2026, raising concerns over the...

South Korea exports extend robust growth on AI-fuelled chip boom

The Straits Times

South Korea exports extend robust growth on AI-fuelled chip boom

South Korea exports surge on AI-driven chip boom, boosting trade surplus and adding pressure on the Bank of Korea to raise rates.

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