South Korea sees robust AI investment despite US midterms, market concerns

​South Korean ​Finance Minister Lee ‌Hyoung-il said ​on Monday that AI ‌investment in the real economy remained robust despite recent stock market concerns, citing ‌assessments by experts during ‌a parliamentary budget committee meeting. Industry Minister Kim Jung-kwan in a separate ⁠parliamentary session ​said ⁠that the US midterm election results ⁠were unlikely to slow AI investment, ​according to Yonhap news agency.

First ⁠Vice Science Minister Koo Hyuk-chae ⁠told ​lawmakers Seoul was monitoring the possibility that global hyperscalers could ⁠shift planed US data centre ⁠investments ⁠to South Korea if those projects encountered obstacles.