South Korea is looking to create a near self-sufficient AI industry and position its technology as an alternative to China and the U.S.
Ryu Young-sang, CEO of South Korea n telecoms giant SK Telecom, told CNBC that AI is helping telecoms firms improve efficiency in their networks. South Korea has tasked some of its biggest companies and promising startups to build a national foundational AI model using mainly domestic technology, in a rare move to keep the country apace with the U.S. and China .
"While sovereign AI is a growing trend, South Korea's approach is distinct," Nick Patience, practice lead for AI at The Futurum Group, told CNBC. "The country aims to combine its dominance in memory chip production with the development of indigenous AI." For example, SK Hynix makes high-bandwidth memory which is critical to Nvidia's products. Samsung is also another major memory player. SK Telecom has been expanding its business into data centers. While Rebellions, which is part of SKT's consortium, is developing chips designed to handle AI workloads.
Any AI models coming out of South Korea's project will face intense competition from players including OpenAI and Anthropic as well as many of the strong Meanwhile, South Korean AI models could be positioned as an alternative to U.S. and Chinese-developed systems. "All major nations are increasingly concerned about AI sovereignty as the US and China vie for AI dominance," The Futurum Group's Patience said.
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