South Korean president calls for aggressive AI spending in budget speech https://www.taxtmi.com/news?id=60531 President Lee urged approval of 10.1 trillion won in AI spending within a 728 trillion won budget to expand AI computing and manufacturing across semiconductors, automobiles, shipbuilding and robotics, relying partly on a large Nvidia GPU supply deal whose delivery and access to latest chips remain uncertain; he also proposed a 66.3 trillion won defence budget to modernize weapons and integrate AI for greater military self-reliance, contingent on allied technology-sharing and commercial supply timelines. en-us Tue, 04 Nov 2025 10:16:03 +0530 Tue, 04 Nov 2025 10:16:03 +0530 TaxTMI RSS Generator South Korean president calls for aggressive AI spending in budget speech https://www.taxtmi.com/news?id=60531 President Lee urged approval of 10.1 trillion won in AI spending within a 728 trillion won budget to expand AI computing and manufacturing across semiconductors, automobiles, shipbuilding and robotics, relying partly on a large Nvidia GPU supply deal whose delivery and access to latest chips remain uncertain; he also proposed a 66.3 trillion won defence budget to modernize weapons and integrate AI for greater military self-reliance, contingent on allied technology-sharing and commercial supply timelines. News - Tue, 04 Nov 2025 10:16:03 +0530 https://www.taxtmi.com/news?id=60531