Monday, 2 November, 2026
South Korea's $16 Billion AI Bet
By TechShots Studio
South Korea is doubling its national spending on artificial intelligence and semiconductors to a record 21.3 trillion won (~$16 billion) for 2027. Announced by President Lee Jae-myung, these "three mega-projects" will funnel tax windfalls from memory chip giants like Samsung and SK Hynix into domestic AI models, physical robotics, and high-capacity data centers to cement the nation's tech supremacy.
Read full story at CIO ECONOMIC TIMES