South Korea unveils massive AI investment plan

South Korea has announced a substantial 10-year investment plan, totaling over 1,000 billion euros (1,800 trillion won), to bolster its artificial intelligence (AI) infrastructure. Unveiled on June 29, the initiative aims to construct advanced semiconductor manufacturing facilities and data centers specifically for AI applications. This significant financial commitment is equivalent to approximately two-thirds of the nation's projected nominal Gross Domestic Product for 2025, underscoring the scale of the government's ambition to position South Korea as a leader in the global AI sector. The plan includes an initial project valued at 800 trillion won.

Sources: Le Monde