The Ministry of Planning and Budget plaque is seen at the government complex in Sejong on Jan. 6. [YONHAP]
The Ministry of Planning and Budget said Wednesday the government will take proactive steps to support domestic AI companies as part of a broader effort to strengthen the country's competitiveness in the sector.
Deputy Minister for Budget Cho Yong-beom made the remark during a meeting with AI startups, including FuriosaAI, held in Seoul, noting that his agency will do its part to establish a homegrown AI ecosystem amid intensifying global competition.
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"In order to become one of the world's top three AI powerhouses, the next year or two will be a golden opportunity to mobilize the country's capabilities," Cho said.
