South Korea to Double Spending on AI and Chips in 2027
9 Articles
9 Articles
Radio France Internationale
South Korea to double spending on AI and chips in 2027
President Lee Jae Myung in his annual budget speech to parliament said 21.3 trillion won ($16 billion) would be allocated to chipmaking and artificial intelligence, spanning data centres to robotics. "We will make bold investments in AI and future growth engines to boost our economy's growth potential," he said, adding that the figure was "nearly double this year's amount". On the defence budget, the government wants to see an increase of around…
The government of Lee Jae-myung proposes to raise South Korean spending on artificial intelligence to 21.3 billion won by 2027, almost twice as much as planned by 2026. The initiative prioritizes semiconductors, robotics, GPUs and data centers, while the National Assembly still has to review and approve the plan.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
