Lee Jae Myung Doubles South Korea AI Budget to $16B — SkimNews
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- Lee Jae Myung vowed on Monday to dedicate about $16 billion in South Korea's 2027 budget to AI, chips, physical AI and data centers.
- South Korea's planned 2027 allocation would come at roughly twice its 2026 level, doubling the public commitment to AI and the hardware behind it.
Why it matters: The scale is the story: the pledge directs about $16 billion — roughly twice the 2026 allocation — to AI, chips, physical AI and data centers in 2027. That doubles South Korea's public commitment to the infrastructure behind AI, with hardware and data centers named as targets rather than a marginal top-up to last year's budget.
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