Macro Finance
South Korea targets 'world's highest performance' sovereign AI model in record new budget
CNBC Economy·November 2, 2026·1 min read
South Korea's 2027 budget will rise 12.8% to 820.9 trillion won, including a 21.3 trillion won investment into semiconductors, physical AI, and AI data centers. The government targets building the world's highest-performance sovereign AI model, a record allocation aimed at boosting domestic tech competitiveness and reducing reliance on foreign AI infrastructure.
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