South Korea Bets $3.49 Billion on Homegrown Frontier AI Model to Rival China's Best

The Decoder · rss · 2026-10-06

South Korea plans to develop a homegrown frontier AI model through government-backed equity investments of 4.7 trillion won ($3.49 billion), aiming to rival China's best models. The move — direct state capital taking equity to fund frontier model development — shows the race for sovereign frontier AI has escalated from the corporate to the government level.

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