South Korea unveils record budget increase to cash in on AI boom

South Korea has announced a record budget increase to capitalize on its booming AI sector, aiming to leverage its success in memory chips to fuel further technological advancements. The plan, led by Lee Jae Myung, seeks to inject more funds into tech development to sustain economic growth. This move underscores the government's commitment to maintaining its competitive edge in the global tech market, potentially reshaping its economic landscape and setting a precedent for future investments in advanced technologies. For more details, check out the full article on the Financial Times website.