SEOUL, 28th October, 2024 (WAM) -- The Republic of Korea on Monday opened its national artificial intelligence research lab, a hub for global AI research projects in Seoul, as part of efforts to become one of the top three global leading powers in the sector, Yonhap News Agency quoted the science ministry as saying.
The government plans to invest a combined 94.6 billion won (US$68.2 million) in the National AI Research Lab by 2028 to help the organisation lead the country's joint AI research projects with global partners, foster AI talents, and create an ecosystem connecting the AI industry, according to the Ministry of Science and ICT.
Scientists from Korea, the United States, Canada, France, and other nations plan to conduct joint AI research projects at the lab, including studies on neural scaling law and a robot foundational model.
Earlier this year, the government launched an initiative to boost the country's AI competitiveness and enter the Group of 3 in the field.