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KOREAN NEW DEAL ENTHUSES W 500 BILLION INFUSIONS INTO AI AND BIG DATA PROJECTS

Published On 06 Sep 2020 04:40 AM


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  • The Ministry of Science and ICT declared Wednesday that it would infuse 499 billion won ($420.6 million) of associated budget this year to bolster artificial intelligence AI and big data-powered businesses as part of the Korean New Deal.
  • The budget will be provided to a bevy of local businesses, developers and institutions, according to the ICT Ministry.

The ministry added the investment is expected to cate....


Tags : Ministry of Science, ICT, SK Telecom and KT, Samsung Electronics, LG Electronics, Naver, Kakao, KAIST,
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