Seoul to launch fund promoting industrial growth, manufacturing AI transformation

A fund dedicated to supporting projects aimed at promoting South Korea's industrial growth and artificial intelligence transformation of the manufacturing industry will be created, with an anchor investment of at least 1 trillion won ($665.5 million), the industry ministry said Monday. The so-called industrial growth fund has been designed to support the Seoul government's key economic initiatives, including the manufacturing AI transformation (M.AX), balanced regional growth and fostering of ne

By The Korea Herald