AI & Enterprise
South Korea to spend 7.54 trillion won on AX Sprint to commercialise 229 AI products and services
The South Korean government will invest 7.54 trillion won to commercialise 229 artificial intelligence products and services aimed at labour shortages in farming, caregiving and industrial safety. The AX Sprint programme, overseen by the Office of Planning and Budget with 11 ministries involved, received 1,604 submissions across 246 projects. Most selected projects formed consortia with demand-side companies. Small firms made up 82.1 percent of selected companies.
