South Korean president calls for aggressive AI spending in budget speech

ABC News TechnologyTuesday, November 4, 2025 at 3:50:13 AM
PositiveTechnology
South Korean president calls for aggressive AI spending in budget speech

South Korean president calls for aggressive AI spending in budget speech

In a recent budget speech, South Korean President Lee Jae Myung called for a significant increase in government investment in artificial intelligence, proposing to triple spending on AI infrastructure and technology. This move underscores the administration's recognition of AI as a critical component for the country's future development. The president emphasized the importance of aggressive funding to ensure South Korea remains competitive in the rapidly evolving technological landscape. According to the report by ABC News Technology, this initiative reflects a strategic prioritization of AI within the national budget. The proposed increase aligns with broader global trends where governments are intensifying their focus on AI capabilities. By boosting financial support, South Korea aims to accelerate innovation and integration of AI across various sectors. This policy direction marks a clear commitment to advancing the country's technological infrastructure.

— via World Pulse Now AI Editorial System

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