South Korea’s Ministry of Science and ICT has announced that the parliament has approved a supplementary budget bill that grants the science ministry 1. 91 trillion won ($1. 33 billion) in extra funding to bolster the nation’s AI computing capabilities. The approved amount is slightly more than the originally proposed 1. 85 trillion won. The government plans to (1) allocate 76% of the total to purchasing processors with a capacity equivalent to 10,000 high-end GPUs; (2) support the development of large language models; and (3) support the demonstration and commercialization of locally developed AI chips.
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