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Telecommunications & Media

South Korea to hold public hearing on Global AI Hub site selection on Oct. 14

South Korea will begin procedures to select a site for a planned Global AI Hub that the government aims to open in 2027. The Ministry of Science and ICT said a support team for the Global AI Hub Promotion Committee will hold a public hearing at 10 a.m. on Oct. 14 at the Government Sejong Convention Center. The event will explain site selection criteria, evaluation procedures and future schedules and include a Q&A session.

AI & Enterprise

Deputy minister Ryu Je-myung meets Botswana vice president to discuss AI, ICT cooperation

Ryu Je-myung (류제명), South Korea\'s second vice minister of the Ministry of Science and ICT, met Botswana Vice President Ndaba Nkosinathi Gaolathe on Wednesday to discuss cooperation in AI and ICT. The meeting was held at Botswana\'s request as it pursues a shift to a digital and knowledge-based economy. Ryu shared South Korea\'s innovation experience and outlined major AI policies, including projects aimed at public services and reducing the digital divide.

AI & Enterprise

MSIT sets 2027 budget at 29.6 trillion won, with 9.4 trillion won for AI

South Korea’s Ministry of Science and ICT proposed a 2027 budget of 29.6 trillion won, up 24.5 percent from this year’s supplementary budget. AI spending would rise 84.3 percent to 9.4 trillion won, while R&D funding would increase 18.5 percent to 14.1 trillion won. The ministry plans investments in semiconductors, physical AI and AI data centres, expansion of GPU capacity for independent AI models, AI services and inclusion programmes, and funding for advanced technologies including quantum, biotech and space.