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Korea to launch $3.5 bil. frontier AI project next year

Summary by The Korea Times
Korea will launch a state-backed project next year to develop a frontier artificial intelligence (AI) model capable of competing with leading Chinese open-source models, with the government planning to make 4.7 trillion won ($3.48 billion) of equity investment in what could be a special purpose company involving the country’s top AI model developers. During a press conference Friday, Second Vice Minister of Science and ICT Ryu Je-myung also said…

5 Articles

(Seoul = Yonhap News) Reporter Kwon Ha-young = The government is halting the independent AI Foundation Model (Dokpamo) development project and instead developing a top-tier global AI model...

·Seoul, Korea (the Republic of)
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The Ministry of Science and ICT is continuing the existing "Independent AI Foundation Model" (Dokpamo) project as originally planned, while separately launching the "Frontier AI" project to develop world-class models. Concerns have been raised that the existing Dokpamo project might be effectively halted due to the launch of the new top-tier model development initiative.

[Digital Daily Reporter Oh Byung-hoon] “From the very beginning, Dokpamo was a game played with a ‘moving target.’ I have consistently stated that goals and evaluation methods would need to be adjusted at every stage.” Ryu Je-myung, Second Vice Minister of Science and ICT, explained the necessity of restructuring the Independent AI Foundation Model (Dokpamo) project in this way during a press conference with the press corps held at the National…

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ddaily.co.kr broke the news on Saturday, October 3, 2026.
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