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South Korea to Invest 3.7 Trillion Won in AI Applications for Manufacturing Sector

South Korea to Invest 3.7 Trillion Won in AI Applications for Manufacturing Sector

SEOUL, Oct. 28 (Korea Bizwire) –The government and private sector will invest a combined 3.7 trillion won (US$2.6 billion) in 26 projects within the manufacturing industry to apply artificial intelligence (AI) technologies aimed at improving productivity, the industry ministry said Monday. Nine of the projects will be allocated to conglomerates, with small and medium-sized enterprises [...]