South Korea is making significant strides in the field of artificial intelligence with the launch of a new initiative aimed at developing its own large language models (LLMs). This ambitious project seeks to position the country as a formidable competitor to established players like OpenAI and Google, and the material points to an encouraging trend: the growing investment in AI technologies across the region.
Government Investment in AI Security
The initiative is backed by a substantial investment of approximately 530 billion won, reflecting the government's commitment to enhancing national security and exercising greater control over data in an era dominated by AI technologies. The Ministry of Science and ICT has carefully selected a group of local companies to lead this effort, ensuring that innovative and effective solutions are prioritized.
Fostering Homegrown Talent and Technology
By fostering homegrown talent and technology, South Korea aims to not only advance its AI capabilities but also to secure its position in the global market. This move is seen as a strategic response to the growing influence of foreign AI companies and the need for countries to safeguard their data and technological sovereignty.
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