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Gov’t plans to invest 30 tln won in AI, chips, other advanced technologies over next 5 years


The government plans to invest 30 trillion won (US$22.6 billion) in artificial intelligence, semiconductor and other advanced technologies over the next five years, the science ministry said Monday.

The pan-government investment plan was unveiled at a meeting of the Presidential Advisory Council on Science and Technology earlier in the day, ministry officials said.

Other advanced technologies include rechargeable batteries, aerospace and ocean engineering, and next-generation communications.

Source: Yonhap News Agency