South Korea Establishes KRW 1 Trillion AI Infrastructure Fund

Ministry of Science and ICT partners with KDB to launch a KRW 1 trillion fund targeting AI data centers and energy infrastructure, supporting national strategic development.

Woofun AI reports that South Korea's Ministry of Science and ICT has announced the creation of a KRW 1 trillion AI infrastructure fund in partnership with the Korea Development Bank. The initiative aims to accelerate the construction of national-level artificial intelligence infrastructure by investing in next-generation AI data centers, power and energy facilities, and other future strategic industries. The fund will jointly identify high-quality AI infrastructure projects and provide financial support for core infrastructure development in the AI era.