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South Korea plans record AI infrastructure spending with sovereign model goal

2027 budget includes 21.3 trillion won for semiconductors, AI chips and data centers as Seoul pushes for homegrown AI leadership.

Summarized from CNBC Technology, . 20-second read.

South Korea announced a 2027 budget rising 12.8% to 820.9 trillion won, with a significant portion dedicated to AI infrastructure. The plan allocates 21.3 trillion won to , physical AI systems and AI as part of a push to develop a sovereign AI model positioned as world-class in performance.

The investment reflects growing competition among nations to build independent AI capabilities and reduce reliance on foreign technology. South Korea is betting on building indigenous chip and infrastructure capacity to support domestic AI development.

Read the full story at CNBC Technology

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