Korea keeps sovereign AI project, plans 4.7 trillion won frontier model fund
South Korea’s Ministry of Science and ICT said on October 5, 2026 that its sovereign AI foundation model contest will continue to a third round, while a new frontier AI development track and an industrial deployment track will be created. Officials proposed about 4.7 trillion won in mostly equity based public investment for the frontier program, focused on 10,000 Nvidia GPUs and training data, pending National Assembly approval.
Source: Seoul Economic Daily