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South Korea unveils $1.14T AI investment plan
The South Korean government announced a massive investment plan exceeding $1,140 billion over ten years, aimed at building advanced semiconductor factories and dedicated data centers for artificial intelligence. The plan includes establishing four semiconductor factories in the Hunan region, in partnership with Samsung and SK Hynix, and developing data centers with a total capacity reaching 10 gigawatts by 2035 to increase the country's overall capacity to 18.4 gigawatts. This initiative seeks to bolster South Korea’s leadership position in the fields of artificial intelligence and technology.
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