South Korea plans to nearly double AI spending to 21.3 trillion won

South Korea plans to nearly double its AI spending to 21.3 trillion won, a budget surge aimed at boosting the country's global competitiveness, fostering domestic innovation, and strengthening its tech infrastructure. The move signals Seoul's intent to position itself as a major player in the global AI race, aligning with broader government efforts to support domestic chipmakers, data centers, and AI startups. The announcement, reported by Crypto Briefing, underscores growing state-level investment in AI infrastructure worldwide, a trend with implications for semiconductor demand, cloud computing capacity, and AI-related token and equity markets. Investors and industry watchers should monitor how the funds are allocated—particularly toward GPU procurement, sovereign AI models, and domestic data center buildout—and whether the budget clears the National Assembly.