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Yoon has set a target for South Korea to become one of the top three countries in AI technology including chips, and take a 10% or more share of the global system semiconductor market by 2030.
The economy of South Korea is a highly developed mixed economy. By nominal GDP, the economy was worth ₩2.24 quadrillion (US$1.72 trillion). It has the 4th largest economy in Asia and the 14th largest in the world as of 2024. South Korea is notable for its rapid economic development from an underdeveloped nation to a developed, high-income country in a few generations. This economic growth ...
SEOUL (Reuters) -ChatGPT-maker OpenAI's CEO Sam Altman, who met with South Korean President Yoon Suk Yeol on Friday, urged South Korea to play a leading role in creating international AI standards ...
By Summer Zhen. HONG KONG (Reuters) -Hedge funds hunting for artificial intelligence-related stock market bargains are rushing into South Korea's chipmakers, betting a new wave of demand for high ...
The AI Seoul Summit is the second such meeting following the AI Safety Summit held in the United Kingdom in November 2023. In the Bletchley Declaration, the participating countries agreed to prioritize identifying AI safety risks of shared concern, a shared concern, but at the Seoul Summit, the leaders also recognized the importance of AI. [2]
Science and technology in South Korea has advanced throughout the decades. The advancement of science and technology has become an integral part of economic planning in South Korea. [1] Fast-growing industries have created a massive demand for new and more advanced technologies. [1] Additionally, Korean engineers and scientists propose that the ...
By Joyce Lee. SEOUL (Reuters) - South Korea's science and information technology minister said on Wednesday the world must cooperate to ensure the successful development of AI, as a global summit ...
South Korea. The Government of South Korea is the national government of the Republic of Korea, created by the Constitution of South Korea as the executive, legislative and judicial authority of the republic. The president acts as the head of state and is the highest figure of executive authority in the country, followed by the prime minister ...