Itch.io adding Generative AI disclosure filtering to few more places on the site
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South Korea targets ' highest performance' sovereign AI model
cnbc.com23 points2 comments
South Korea plans to raise government spending by 12.8% in 2027, to a record 820.9 trillion won, as President Lee Jae Myung makes artificial intelligence and advanced industries central to the country’s growth strategy. The plan allocates 21.3 trillion won to semiconductors, physical AI and AI data centers, nearly twice the 2026 amount, plus 4.7 trillion won to build a domestically developed sovereign AI model intended to achieve the world’s highest performance. The government will also train 2,000 specialists in chip design and regional semiconductor industries, broaden AI education, and build on university programs that connect students with employers such as Samsung Electronics and SK Hynix.
The spending push comes as demand for computing power lifts South Korea’s semiconductor exports and supports economic growth. Exports reached a record $115.3 billion in October, up 93.7% year over year, and totaled $930 billion in the first ten months of 2026. Lee said the country is approaching $1 trillion in annual exports. He argued the budget would bring virtually no net increase in public debt, as new bonds would refinance existing obligations. It also raises defense spending by 8.2% to 73.3 trillion won, with plans for an AI-enabled military using robots, drones and mixed crewed-uncrewed systems, alongside increased social-security support for young people.
Summary generated by AI from the linked article. hn.today is not affiliated with Hacker News or Y Combinator.
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