South Korea Aims to Invest 480 Trillion Won in AI-related Products and Services in 2023
2 week ago / Read about 0 minute
Author:小编   

The Ministry of Trade, Industry, and Energy of South Korea announced on Wednesday its plans to allocate approximately 480 trillion won (equivalent to roughly $349.1 billion) this year towards the development of cutting-edge products and services leveraging artificial intelligence (AI). This comprehensive investment will encompass various domains, including AI-powered factories, AI chips, and autonomous vehicles. The objective of this significant investment is to accelerate the integration of AI in the industrial sector, foster new avenues for economic growth, and bolster the development of the nation's manufacturing industry.