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South Korea unveils Lee administration's AI-centered growth strategy

By Choonsik Yoo and Jenny Lee ( August 22, 2025, 09:29 GMT | Insight) -- South Korea has unveiled a new growth strategy centered on artificial intelligence and future technologies, pledging higher R&D spending and a 100 trillion won ($71.8 billion) fund for strategic sectors. President Lee Jae Myung said the country must stake everything on science and technology to overcome a prolonged economic slump, with the plan aimed at raising potential growth and making South Korea a global AI leader.South Korea has unveiled a new economic growth strategy centered around artificial intelligence and future technologies, with President Lee Jae Myung declaring that the country should stake everything on science and technology to overcome a prolonged economic slump....

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