On March 2, 2026, South Korean President Lee Jae-myung announced that South Korea is set to deepen its cooperation with Singapore in the realm of artificial intelligence (AI). As part of this initiative, South Korea intends to establish a global investment fund worth US$300 million in Singapore. The primary goal of this fund is to attract investments for startups and the broader AI sector. By focusing on promising AI startups in both South Korea and Singapore, the fund will act as a vital link connecting global investors with innovative enterprises, fostering cross-border collaboration and technological advancement.
