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Science ministry, Financial Services Commission hold joint meeting on 'K-Nvidia project'

South Korea's Ministry of Science and ICT and the Financial Services Commission held a public-private meeting in Seoul on March 17 to push the so-called K-Nvidia fostering project. The meeting discussed investment strategy using the National Growth Fund and ways to strengthen cooperation between the public and private sectors. Officials outlined plans to build an AI semiconductor ecosystem focused on low-power NPUs and shared funding plans, including investment of 10 trillion won this year in AI and semiconductors.