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South Korea targets 'world's highest performance' sovereign AI model in record new budget
South Korea's announcement of a 12.8% budget increase to 820.9 trillion won, primarily focused on advancing AI and semiconductor initiatives, signals a strategic pivot toward technological leadership. The commitment of 4.7 trillion won for a sovereign AI model aims to place the nation at the forefront of global AI advancements. This aggressive spending approach reflects broader trends of digitization and competitiveness, which could positively impact South Korean assets and influence overall market sentiment toward the won, particularly in the context of global tech investments and collaborations.