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South Korea targets 'world's highest performance' sovereign AI model in record new budget

CNBC Economy·November 2, 2026·1 min read
South Korea targets 'world's highest performance' sovereign AI model in record new budget

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.

Read at CNBC Economy
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