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South Korea pledges major funding boost for AI, energy transition in 2026

By Choonsik Yoo ( August 29, 2025, 07:27 GMT | Insight) -- South Korea will more than triple state funding for artificial intelligence sectors in 2026 to enhance computing power and strengthen capabilities in physical AI, including the manufacturing of robots, automobiles, ships and semiconductors, according to the government’s first full-year budget under President Lee Jae Myung. The government also pledged greater investment in the energy transition to reduce the country’s dependence on fossil fuels while meeting the growing power demand from the AI sector.South Korea will more than triple state funding for artificial intelligence sectors in 2026 to advance AI capabilities as a means to achieve the dual goals of paving the way to become a global powerhouse in AI innovation while overcoming a prolonged slump in the export-dependent economy....

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