AI & Enterprise
South Korea holds Korea-Singapore AI Connect Summit, to build $300 million global fund
South Korea\'s Ministry of Science and ICT and the Ministry of SMEs and Startups held a Korea-Singapore AI Connect Summit in Singapore on Monday during President Lee Jae-myung\'s state visit, and moved to build an AI cooperation framework with Singapore. The SME ministry plans to set up the government\'s first offshore global parent fund in Singapore in the second half of this year and expand it to $300 million by 2030. The science ministry plans a 50 billion won joint research programme starting in 2027.
