South Korea's sovereign wealth fund enters the tech competition, targeting strategic industries like AI and robotics with one trillion won.

date
12/08/2026
According to reports, South Korea plans to inject over 1 trillion won (approximately 707 million USD) into a newly established sovereign wealth fund next year, focusing on investments in artificial intelligence (AI) and other strategic industries. This move aligns with the global trend of governments mobilizing investments to gain an edge in high-tech fields.