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AI & Enterprise

Korean AI chips speed up mass production, commercialisation as MSIT holds growth forum

South Korea\'s Ministry of Science and ICT held the K-AI Semiconductor Growth Forum in Seoul on June 4 to share results from domestic AI chip development and discuss growth strategies. About 300 people attended, including government, parliament and industry representatives. The forum presented pilot project cases and export-linked examples, and disclosed progress on the K-Perf performance benchmark. The ministry also outlined plans to expand standards, enhance testing and open a technical support centre in the first half.

AI & Enterprise

KAIST declares vision for AI college, steps up push to train global convergence talent

KAIST declared its vision for an artificial intelligence college and said it will accelerate talent development and research innovation. KAIST held a vision declaration event at 10 a.m. on Sunday at its Academic and Cultural Center to share its vision and 추진 direction for training key talent, advancing education and research, cooperating with industry and building a responsible AI ecosystem. The event also included the appointment of an advisory group, with domestic and overseas members.

AI & Enterprise

National Growth Fund AI bets on Upstage and Rebellion in spotlight

South Korea’s National Growth Fund will lead a 560 billion won investment in local AI startup Upstage, as the government seeks to localise the AI supply chain from chips to models and draw follow-on private funding. The Financial Services Commission approved the investment for Upstage’s next-generation model project. Funding includes 100 billion won from an advanced strategic industries fund, 30 billion won from Korea Development Bank and 430 billion won in private capital.