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flag South Korea invests $6.8 billion in AI to boost innovation and competitiveness, sparking market gains.

flag South Korea has announced a 10 trillion won ($6.8 billion) investment in artificial intelligence, with Prime Minister Kim Min-Seok urging cross-ministry collaboration to boost national innovation. flag The funding, part of the Lee Jae Myung administration’s strategy, aims to advance AI research, workforce development, and integration into public services and infrastructure. flag The move underscores South Korea’s push to strengthen technological competitiveness amid global AI competition. flag The announcement coincided with a 1.11% rise in the KOSPI index, driven by gains in semiconductor and banking stocks, as markets reacted positively to the AI push and expectations of potential U.S. rate cuts.

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