20250829 South Korea triples AI budget

South Korean President Lee Jae Myung’s government has proposed a big jump in AI spending. (Nikkei montage/Source photos by Reuters)

KIM JAEWON

August 29, 2025 18:50 JST

SEOUL — South Korea has proposed tripling its artificial intelligence budget next year to more than 10 trillion won ($7.2 billion) as President Lee Jae Myung’s government is keen for the country to adopt the new technology across sectors ranging from robotics and autos to health care and public services.