South Korea plans $10.3 billion in financing for physical AI sectors, with an LS Cable subsea cable expansion selected as its first project.

Local media have reported that the planned investments could exceed 1,000 trillion won (US$651.41 billion) over the coming years.

Lee will preside over the event, framed as a national "great leap" due to be unveiled around 0500 GMT, his office said, with ministries covering industry, science, climate and…