EconomySouth Korea’s Sovereign Wealth Fund to Join Global AI, Robotics Race
South Korea expects to put more than 1 trillion won, or $707 million, of fresh capital into a new sovereign wealth fund next year. The fund will target artificial intelligence and other strategic industries. The move places the country alongside governments worldwide seeking to mobilize investment and gain an advantage in high-tech sectors.
South Korea’s Sovereign Wealth Fund to Join Global AI, Robotics Race
