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[ARTICLE · art-43144] src=koreatimes.co.kr ↗ pub= topic=artificial-intelligence verified=true sentiment=↑ positive

Science ministry vows $650 bil. investment in AI data centers

South Korea's science ministry announced a plan to invest over 650 trillion won ($650 billion) in AI data centers by 2035, aiming to secure a leading position in physical AI. Minister Bae Kyung-hoon outlined an initial 550 trillion won investment to build 8.4 GW of data centers by 2029, with gradual expansion to 10 GW by 2035, focusing on non-capital areas for balanced development.

read1 min views1 publishedJun 29, 2026

Korea will push for the investment of over a quadrillion won ($650 billion) in the construction of artificial intelligence (AI) data centers by 2035, the science minister said Monday. Minister Bae Kyung-hoon unveiled the plan during a national investment briefing chaired by President Lee Jae Myung at Cheong Wa Dae, emphasizing that ample data is important for Korea to secure a leading position in the global physical AI race. "The next three years will be the golden time to become the No. 1 in the area of physical AI," Bae said. "The government will lead the physical AI sector, by designating it as a national strategic industry." Under the plan, an initial investment of 550 trillion won will be spent to build 8.4 gigawatts (GW) of AI data centers by 2029. The ministry will gradually expand the infrastructure by 10 GW until 2035, Bae said. Infrastructure will be concentrated in non-capital areas for balanced regional development, he added. "Global investment earmarked for data centers over the next five years is $5.5 trillion, or 8.4 quadrillion in Korean won," Bae said, quoting Nvidia's ch

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