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South Korea 2025 budget plan underscores ambition to lead AI innovation

By Choonsik Yoo ( August 27, 2024, 04:15 GMT | Insight) -- The South Korean government unveiled details of next year’s budget plan, emphasizing its strong commitment to supporting nationwide efforts to remain among the leading countries in the age of artificial intelligence-led innovation. It plans to increase total spending by just 3.2 percent but boost expenditure on AI and other strategic sectors by 24 percent and that on research and development projects by 12 percent.The South Korean government unveiled details of next year’s budget plan, emphasizing its strong commitment to supporting nationwide efforts to remain among the leading countries in the age of artificial intelligence-led innovation....

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