South Korea commits $950B to AI

South Korea has launched investments totaling $950 billion in the field of artificial intelligence, led by Samsung and SK companies, as part of its efforts to lead global AI development and ensure the supply of chips necessary for operating more advanced systems. The investments included Korean and international companies signing deals and partnerships worth up to $750 billion, including agreements with American firms such as NVIDIA and OpenAI to enhance AI infrastructure, with a focus on data centers and modern memory technologies. These steps come in response to the growing demand from AI customers for chips, with expectations of continued increases in the need for massive computing capacities. The Korean leadership emphasizes its future pioneering role in this field.

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