On Wednesday, the South Korean Ministry of Finance made an announcement. In a bid to construct a "super-innovative economy" and expedite the economic transformation propelled by AI, the South Korean government has formulated a plan to invest 750 billion won (roughly equivalent to US$502.8 million) over the forthcoming two - year period. This investment is aimed at bolstering the commercialization of AI products. The plan received its final approval at a meeting of economy - related ministers, which was presided over by Finance Minister Choo Kyung - ho.
