Telecommunications & Media
National AI computing centre to get Public Growth Fund investment to boost AI infrastructure
South Korea will invest money from the Public Growth Fund in a project to build a national AI computing centre, supporting an AI infrastructure with 15,000 AI chips. A direct investment of 100 billion won in Upstage was also approved to secure sovereign AI. The Financial Services Commission said the fund approved four megaprojects and one regional SME support plan, bringing cumulative approvals to about 84 trillion won.