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AI & Enterprise
Baek Kyung-hoon marks one year in office, says time to deliver tangible results on AI
Deputy Prime Minister Baek Kyung-hoon said his first year in office focused on building a foundation for an AI transition and that it is now time to deliver and prove tangible results. He highlighted progress on a homegrown AI foundation model project and a broader consensus on the need to secure GPUs. The government is pursuing a two-track strategy for domestic and frontier models, preparing a nationwide AI service and advancing plans for data, 6G, R&D and power supply for AI data centres.
AI & Enterprise
Baek Kyung-hoon says now is physical AI golden time, pushes cross-ministry AIDC task force
South Korea plans to create a future response fund using what it forecasts as record tax revenue in 2027 and concentrate spending on three mega-projects: semiconductors, AI data centres (AIDC) and physical AI. Science and ICT Minister Baek Kyung-hoon said the race to secure a general-purpose physical AI platform has entered a full-scale phase. The ministry plans to expand AIDC capacity to 8.4 GW by 2029 and 18.4 GW by 2035, backed by up to 1,000 trillion won in phases.
AI & Enterprise
Govt applies moving-target approach to R&D for three major mega physical AI projects
South Korea\'s government will apply a \"moving target\" approach to a 1.4 trillion won physical AI research and development programme, seeking proposals from the contest stage on how teams will detect technological change and adjust plans, participants and budgets if needed. The Jeonbuk and South Gyeongnam projects run from 2026 to 2030 and aim to build a Korean reference model for autonomous factories operated by AI, with an emphasis on data pipelines and integrated factory operation systems.
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AI & Enterprise
Government steps up drive for physical AI full stack localisation
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Industry
South Korea launches megaprojects spanning Samsung, SK fabs, AI robots and data centres
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AI & Enterprise
SAS says 50 years of industry expertise sets it apart in AI data platform race
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AI & Enterprise
AI to automate last mile of labor, Real World aims for human-level robot dexterity
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AI & Enterprise
Sky Intelligence raises Series A funding from DS Investment Partners
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Finance
Finda to build finance AI platform based on Upstage\'s Solar
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AI & Enterprise
South Korea launches push to localise \'world model\' core physical AI tech
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AI & Enterprise
Nvidia to buy Kumo AI for over $400 million to secure AI models for structured data
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AI & Enterprise
KISA launches 18 next-generation security projects, selects 50 companies
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AI & Enterprise
Funjin to pursue defense AI cooperation with 39th Infantry Division
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AI & Enterprise
Nota tops Nvidia Nemotron hackathon overall
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AI & Enterprise
Korea science ministry to co-host Nvidia Nemotron developer day in Seoul
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AI & Enterprise
Can a train become a moving data centre? Nvidia, Hitachi physical AI strategy draws attention
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AI & Enterprise
AI startup Cognichip draws investment to cut chip design time
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Industry
Nvidia to build orbital data centres based on physical AI