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AI & Enterprise

South Korea to launch seven SEED projects to foster SMRs, quantum and space

South Korea will 추진 a “seven SEED projects” initiative to nurture future growth engines including small modular reactors, nuclear fusion, quantum and space and aviation, following its three mega projects in semiconductors, physical AI and AI data centres. The plan targets preemptive 확보 of advanced technologies over the next 10 to 20 years, with goals around 2030 to 2035. It groups projects into clean energy, next-generation frontier and advanced supply chains, and includes 10 trillion won for supply-chain R&D by 2030.

AI & Enterprise

South Korea to invest over 200 trillion won in R&D by 2030, secure 260,000 GPUs

South Korea’s Ministry of Science and ICT said it finalised its Sixth Basic Plan for Science and Technology for 2026 to 2030 after approval by the National Science and Technology Advisory Council. The plan calls for investing more than 200 trillion won in government R&D over five years and spreading an AI shift across the country. It includes securing 260,000 public-private GPUs, building a sixth supercomputer and a national AI computing centre, and focusing over 60 trillion won on 10 strategic technology fields.

Telecommunications & Media

Europe and North Africa start building first HVDC subsea power link under Mediterranean

Europe and North Africa have moved to build their first direct-current subsea power link, connecting Italy’s Sicily with Tunisia through the Mediterranean. Italy’s grid operator Terna and Tunisia’s state electricity and gas utility STEG selected Hitachi Energy to build converter stations for the ELMED interconnection project under a contract worth about 770 million euros. The 600 MW link spans about 220 km, with cables reaching depths of about 800 metres.