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

Source
CNBC Technology(opens in a new tab)
Published
Record updated
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Summary

South Korean President Lee Jae Myung unveiled the country's largest ever budget, raising 2027 spending 12.8% to 820.9 trillion won ($610.14 billion). It includes 21.3 trillion won for semiconductors, physical AI and AI data centers, plus 4.7 trillion won for developing a sovereign AI model.