South Korea\u2019s government and top tech companies are committing $1 trillion to several flagship megaprojects that could bolster global memory chip supply, build new AI data centers and spur commercial deployment of humanoid robots by 2028.<\/p>\n
The announcement comes as South Korean companies such as Samsung and SK Hynix have enjoyed record profits<\/a> and stock valuations<\/a> due to the AI industry\u2019s demand for memory chips\u2014with the subsequent supply strain leading to memory chip shortages<\/a> and higher prices for consumer electronics. Meanwhile, Hyundai Motor Company is racing to mass manufacture humanoid robots developed by its subsidiary, Boston Dynamics, so that the robotic workers can start taking over certain laborious tasks in automotive factories and other workplaces.<\/p>\n \u201cWe must secure the core elements of AI faster than any other country,\u201d said South Korean President Lee Jae Myung in a televised speech on June 29, as reported by BBC News<\/a> and other media outlets. \u201cSemiconductors, physical AI, and AI data centers are the triple axis for a great leap forward.”<\/p>\n Read full article<\/a><\/p>\n Comments<\/a><\/p>\n Source: Tech \u2013 AI \u2013 OpenAI \u2192 manual entry<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" South Korea targets physical AI lead and commercial humanoid robots by 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