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“AI investment and profit gap is 690 trillion won per yr…Blind investment should be avoided”

In accordance with an evaluation, Big Tech's annual investment in the substitute intelligence (AI) boom is $600 billion (about 830 trillion won), but its profits are lower than $100 billion (about 138 trillion won)...

Last yr, the highest 1,000 corporations invested 72.5 trillion won in R&D… only ranked ninth globally, behind Taiwan.

The Ministry of Trade, Industry and Energy (Minister Ahn Deok-geun) and the Korea Institute for Advancement of Technology (President Min Byeong-ju) announced on the twenty third the outcomes of an R&D investment survey of...

Government “Invest KRW 9.4 trillion to advance AI G3… Promote 'AI-Semiconductor Initiative'”

The federal government announced that it's going to promote the 'AI-Semiconductor Initiative' to proceed the expansion of the semiconductor sector and to change into one in every of the highest three countries (G3) in...

MS invests KRW 4 trillion to strengthen Japan's AI and cloud… “The most important investment in Japan”

Microsoft (MS) plans to speculate $2.9 billion (about 4 trillion won) over two years to strengthen cloud computing and artificial intelligence (AI) infrastructure in Japan. That is the most important investment in Japan,...

Italy declares investment of 1.5 trillion won and Canada 2.4 trillion won in AI development

Governments in major countries all over the world are investing enormous government budgets to realize an edge within the race for artificial intelligence (AI) hegemony. The AI ​​competition, which began with the appearance...

“AI global market size in 2030 can be KRW 1,800 trillion… it’s going to reach 9 times the scale in 2023.”

It's predicted that the worldwide artificial intelligence (AI) market size will grow nine-fold from $150.2 billion (roughly 200 trillion won) in 2023 to $1.3452 trillion (roughly 1,800 trillion won) in 2030. It is...

Dell predicts rapid increase in AI server orders… Nvidia exceeds $2 trillion in market capitalization

As Dell predicted that demand for servers dedicated to artificial intelligence (AI) would rapidly increase, Nvidia's stock price soared, surpassing $2 trillion (roughly 2,670 trillion won) in market capitalization. The stock price of...

Hanwha Solutions achieves the best ever performance in latest and renewable energy… sales exceed KRW 6 trillion in 2023

Hanwha Solutions announced that it achieved its highest-ever sales and operating profit within the renewable energy sector last yr despite internal and external management uncertainties. It said that it has continued to speculate...

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