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  • South Korea to invest $7bn in AI by 2027

    South Korea will invest almost $7bn in artificial intelligence by 2027 in an effort to become a global leader in cutting-edge semiconductors, President Yoon Yeol said Tuesday. The country is home to Samsung and SK Hynix, the world’s top two makers of memory chips, including the premium high-bandwidth memory used in the hardware that powers Read More

  • South Korea plots $7B AI chip drive

    South Korean President Yoon Suk Yeol pledged the government would spend KRW9.4 trillion ($6.9 billion) on the domestic AI sector by 2027, along with detailing a KRW1.4 billion investment package to fuel the growth of local semiconductor companies.

  • South Korea To Invest $7 Billion In AI By 2027

    South Korea will invest almost $7 billion in artificial intelligence by 2027 in an effort to become a global leader in cutting-edge semiconductors, President Yoon Suk Yeol said Tuesday.The country is home to Samsung and SK Hynix -- the world's top two makers of memory chips, including the premium high-bandwidth memory (HBM) used in the hardware that powers AI.The semiconductor industry is a crucial pillar of South Korea's export-driven economy, and Yoon told a high-powered meeting of officials...