South Korea is making significant investments in artificial intelligence (AI) and quantum computing as it seeks to establish itself as a global leader in these transformative technologies. Despite being known for its early adoption of emerging technologies, South Korea has been playing catch-up in the fields of AI and quantum computing. However, its dominance in the semiconductor industry and plans for a robust AI ecosystem put the country in a favorable position to excel in the global race for AI chips.
In pursuit of this goal, the South Korean government plans to invest over $800 million in research and development over the next five years. The aim is to boost the market share of Korean AI chips to around 80% by 2030. Additionally, South Korean search company Naver has introduced its conversational AI model, Clova X, which is capable of voice and text interactions and can be integrated with other services.
Startups in South Korea are also making strides in AI innovation, with some developing AI-backed Bible reading and prayer service apps. This showcases the broad range of applications for AI technology and highlights the country’s commitment to leveraging AI in various sectors.
Furthermore, South Korea is accelerating its efforts in the field of quantum computing. The government has announced plans to invest $2.3 billion in quantum science and technology by 2035. Norma, a quantum security specialist company, has signed a Memorandum of Understanding (MoU) with IQM Quantum Computers to introduce and expand quantum computers in South Korea. The partnership aims to collaborate on the development of quantum algorithms and the implementation of quantum education programs.
These initiatives demonstrate South Korea’s strategic goal of becoming a global powerhouse in quantum technology by 2035. The country is also forming partnerships with tech companies to train and develop quantum computing talent, further solidifying its commitment to progress in this exciting field.
In conclusion, South Korea’s increased financial investments and partnerships in AI and quantum computing illustrate its determination to become a prominent player in these cutting-edge technologies.
– Nikkei Asia