Search results for private investment
AI & Enterprise
Baek Kyung-hoon says tax breaks for lease-type AI data centres under review, power rules to be eased
South Korea plans to pursue tax support for lease-type AI data centres and ease power regulations to spur investment, Vice Prime Minister and Science Minister Baek Kyung-hoon said. He told a parliamentary audit the government will discuss tax benefits for lease-type facilities with fiscal authorities to attract foreign capital. He also cited differences among ministries over thresholds for exempting non-capital region centres from grid impact assessments.
Industry
Helion secures $175 million in U.S. funds to develop semiconductors to boost fusion power efficiency
Fusion startup Helion has secured $175 million from the U.S. federal government to develop advanced semiconductors for power plants and strengthen production capacity. The company aims to cut losses in power conversion to raise fusion generation efficiency and to build a U.S. supply chain for advanced power semiconductors. The funds will support R&D and manufacturing for high-voltage pulse semiconductors under the CHIPS Act over three years.
AI & Enterprise
Mandatory disclosure of AI training data from government-backed projects raises questions over detailed criteria
South Korea is moving to require AI training data built or produced during government-backed projects to be provided through the national AI Hub platform. As detailed rules are drafted ahead of an April start, debate is growing over whether data obtained or further processed at companies’ own expense should also be subject to disclosure in joint public-private projects. Another issue is how authorities will assess requests to exclude data on grounds such as trade secrets, privacy or copyrights.
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AI & Enterprise
BCG AI Maturity Matrix 2026 puts South Korea in top AI pioneers group
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AI & Enterprise
South Korea to back physical AI commercialisation via National Growth Fund, expand long-term investment
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AI & Enterprise
SK Hyper CEO says AI infrastructure bottleneck shifting from GPUs to memory opens opportunity for South Korea
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AI & Enterprise
Private capital to fund social security AI platform in first software fast-track case
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AI & Enterprise
Korea to keep support for two domestic AI foundation model teams to 2027; frontier AI tender possible in December
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Finance
KB Kookmin Bank signs 43.742 trillion won GTX-C financing agreement
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AI & Enterprise
South Korea weighs public-private SPC for frontier AI model development
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AI & Enterprise
Bae Gyeong-hun says Korea\'s homegrown AI foundation model project will continue, frontier AI push too
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AI & Enterprise
NIPA, Korea Business Angels Association to cooperate on AICT startups\' global expansion
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Industry
South Korea selects 4 third-phase materials, parts and equipment specialised clusters, to provide 160 billion won over 5 years
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Games & Commerce
KOCCA sets four new strategies and 10 tasks to shift from K-content to K-culture
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Industry
Europe warns of battery supply chain risk with heavy reliance on imported materials
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Games & Commerce
K-content industry targets 220 trillion won sales by 2030, calls for tax, finance, legal overhaul
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Telecommunications & Media
Space could be first battleground in Taiwan crisis as U.S.-China anti-satellite race intensifies
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Games & Commerce
Government to inject funds directly into distribution channels with 24 million delivery app coupons, public logistics centres