South Korea bets $14B on AI as trillion-dollar race accelerates

AI Summary According to the finance ministry of South Korea, it will set up a sovereign wealth fund worth more than 20 trillion won ($14 billion) on Friday to invest in strategic and advanced industries. It gives South Korea some new financial leverage at a time when various investments in AI infrastructure are on the verge of... fulltext: 320 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/south-korea-ai-14b-sovereign-fund/ Source: CryptoPolitan