Korean non-public corporations haven’t moved relating to AI funding to date, however the authorities will try to indicate outcomes beginning subsequent yr, Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon stated on Dec. 15.
Bae made this assertion on the Ministry of Science and ICT year-end press convention, responding to a query asking for his opinion on AI bubble theories. “There shall be no AI bubble in Korea as a result of Korean company funding in AI has been delayed,” Bae stated. “We can’t turn into an AI powerhouse with authorities will alone,” he stated, including, “However we can produce significant outcomes beginning subsequent yr in numerous fields, together with AI semiconductors resembling home NPU chips.”
Bae mirrored on his position as minister of science and ICT roughly 150 days after taking workplace, saying, “This yr, we laid the inspiration to turn into one of many prime three AI powers and did our greatest to safe GPUs,” explaining, “Subsequent yr’s key theme is to implement the plans we have now now with velocity.” The federal government plans to safe 13,000 GPUs this yr and 37,000 subsequent yr for area deployment. By 2028, the plan is to safe 52,000 items to function a catalyst for Korea’s AI growth. To this finish, the federal government will make investments a record-high 9.9 trillion received in AI-related finances.
Bae stated, “The truth that corporations and the non-public sector responded to this large-scale GPU procurement may be very vital,” explaining, “The non-public sector has been hesitant about AI funding attributable to issues of effectiveness, and though we might have moved ahead shortly, there have been delays.” Bae additionally added, “Going ahead, chip costs and energy points will proceed to be issues, so our home NPU corporations may even be capable of present outcomes beginning subsequent yr,” and “If we create good references, there shall be many alternatives to broaden abroad.” Moreover, he stated, “The general public sector will play a priming position in order that your complete AI ecosystem may be created.”
