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South Korea targets a sovereign AI model with 4.7 trillion won in record 2027 budget

AISouth Korean President Lee Jae Myung unveiled a record 2027 budget of 820.9 trillion won ($610.14 billion), up 12.8%, with 21.3 trillion won for semiconductors, physical AI and AI data centers. The budget includes 4.7 trillion won to develop a sovereign AI model, which Lee described as having the "world's highest performance." Lee also pledged to train 2,000 semiconductor design specialists.
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Original title: South Korea targets 'world's highest performance' sovereign AI model in record new budget