South Korea boosts its AI chip industry with $642M amid ChatGPT frenzy

South Korea hopes to be a key player in fulfilling the new global demand for next-generation AI chips, and today the government put some money where its mouth is: The country’s Ministry of Science and ICT said it would earmark $642.5 million (826.2 billion won) through 2030 to invest in companies working on advanced AI … Continue reading South Korea boosts its AI chip industry with $642M amid ChatGPT frenzy