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South Korea trumpets $860-million AI fund after AlphaGo ‘shock’

Posted in government, robotics/AI

Nature News reports:

“Scrambling to respond to the success of Google DeepMind’s world-beating Go program AlphaGo, South Korea announced on 17 March that it would invest $863 million (1 trillion won) in artificial-intelligence (AI) research over the next five years [towards] founding of a high-profile, public–private research centre with participation from several Korean conglomerates, including Samsung, LG Electronics and Hyundai Motor, as well as the technology firm Naver, based near Seoul.”

President Geun-Hye emphasized that “artificial intelligence can be a blessing for human society” and called it “the fourth industrial revolution”


Historic win by Google DeepMind’s Go-playing program has South Korean government playing catch-up on artificial intelligence.

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