Lee to check progress on AI-related investment initiative

President Lee Jae Myung was set to preside over a meeting Monday to discuss ways to promptly implement a large-scale investment initiative for semiconductor manufacturing facilities and artificial intelligence (AI) data centers. The meeting, set for 2 p.m., is the second of its kind since the Lee administration unveiled the "three megaprojects" in late June, outlining plans for large-scale…

koreatimes.co.kr ·40m ago

Lee to check progress on AI-related investment initiative

President Lee Jae Myung is scheduled to convene a meeting on Monday to assess the advancement of a major investment initiative focused on semiconductor manufacturing and artificial intelligence (AI) data centers. This is the second such gathering since the Lee administration introduced three large-scale projects in late June, detailing plans for significant investments in a semiconductor production hub, AI facilities, and AI data centers in various regions.

The meeting, set to begin at 2 p.m., aims to address the swift execution of these investment strategies, as well as strategies to distribute the advantages of these investments across all regions and throughout the industrial sector. The presidential office has announced that the meeting will feature participation from key officials, including Presidential Chief of Staff Kang Hoon-sik, Presidential Policy Chief Kim Yong-beom, Prime Minister Han Seong-sook, government ministers, and top executives from Samsung Electronics and SK Inc.

Officials anticipate providing an update on the progress achieved thus far on the investment plans and introducing measures to ensure a stable supply of electricity and water to support these initiatives.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.