South Korea Pledges US$20 Million to ADB Fund for AI Projects
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Author:小编   

South Korea's Ministry of Economy and Finance announced Wednesday that the country has committed US$20 million to an Asian Development Bank (ADB) trust fund to support artificial intelligence development projects. That same day, the ministry held its annual consultation meeting with the ADB in Seoul, during which the two sides signed a contribution agreement for the "Korea AI for Development Trust Fund." The fund is designed to support the operation of the AI Innovation and Development Center. Under an agreement reached by both sides in May this year, the center will be located in South Korea.