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South Korea’s Ministry of Science and ICT set out a proposed KRW 29.6 trillion budget for 2027 after State Council approval on September 1, 2026. The ministry said the total was 24.5% above its 2026 supplementary budget.
AI accounts for about KRW 9.4 trillion of the proposal, an increase of 84.3%, according to the ministry. Priorities include domestic AI models, computing resources, AI applications and skills development.
Planned work includes AI data-centre testbeds, physical AI demonstrations with Korea Post and support for developing sovereign models using 10,000 GPUs. These are spending and project proposals for 2027. The ministry’s announcement records cabinet approval, without establishing final legislative approval or completed delivery of those projects.
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