South Korea plans to inject ~$14B into its sovereign wealth fund for strategic investments in AI, data centers, and infrastructure, after a rout in tech stocks (Haram Lim/Bloomberg)
Seoul is preparing fresh state capital for AI-linked assets after the tech selloff.
South Korea plans to put about $14 billion into its sovereign wealth fund for strategic investments. The targets named are AI, data centers, and infrastructure. The move follows a rout in tech stocks, according to the Bloomberg item surfaced by Techmeme. Techmeme's note
South Korea plans to put about $14 billion into its sovereign wealth fund for strategic investments. The targets named are AI, data centers, and infrastructure. The move follows a rout in tech stocks, according to the Bloomberg item surfaced by Techmeme. Techmeme's note
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