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published a story in AI Regulation about 13 hours ago

South Korea Will Nearly Double Government AI Spending to 21.3 Trillion Won

AI Regulation• AI Policy • 8 sources • 17 posts

President Lee announced that the South Korean government will expand its financial commitment to the artificial intelligence sector starting next year. Total expenditures for AI investment will reach 21.3 trillion won, representing a nearly 100% increase over the current budget.

The spending surge is part of a broader initiative to fund AI and other new growth drivers. Lee said the investments are intended to strengthen the nation's economic growth potential.

Sources
  • @financialjuice @financialjuice ·about 13 hours ago ·Source S.Korea President Lee: to boldly invest in AI and future growth driver to enhance economic growth potential S.Korea President Lee: to boldly invest in AI and future growth driver to enhance economic growth potential
  • @financialjuice @financialjuice ·about 13 hours ago ·Source S.Korea President Lee: Government expenditure on AI investment to almost double next year to 21.3 trillion won Government expenditure on AI investment to almost double next year to 21.3 trillion won
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S.Korea President Lee: to boldly invest in AI and future growth driver to enhance economic growth potential

S.Korea President Lee: Government expenditure on AI investment to almost double next year to 21.3 trillion won