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AI & Enterprise

Governments stockpile Nvidia chips as sovereign AI emerges as new growth driver

Nvidia could use growing government investment in sovereign AI to reduce its reliance on large cloud companies, an analysis said. As demand rises for national AI infrastructure, it could ease concerns about Nvidia’s revenue being concentrated among a small number of hyperscalers. U.S. investor Jim Cramer said sovereign AI could help address customer concentration worries as governments build domestic data centres and computing capacity to secure technology sovereignty.

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

National AI Strategy Committee releases nine months of results in action plan and budget

South Korea\'s National Artificial Intelligence Strategy Committee on Sunday released key results since its launch in September. It said it became a statutory body in January after the AI Basic Act took effect and now runs 10 subcommittees, two special committees and a task force. The committee cited work including a government-wide AI action plan, responses to national issues, integrated disclosure of government AI budgets and deeper AI cooperation with the UAE.