On the 9th, President Lee Jae-myung instructed, “Compile a supplementary budget quickly to help the economy recover and boost consumption.” Presidential spokesperson Kang Yu-jung said in a briefing that President Lee made the remarks while discussing the government's supplementary budget plan and each ministry's implementation plan at the second meeting of the emergency economic task force held at the presidential office in Yongsan. Kang also said, “The president emphasized that priority should be given to supporting vulnerable groups and small business owners.” In addition, he said, “I asked
Gyeonggi-do Governor Kim Dong-yeon said, “Let's make Gyeonggi-do a startup paradise,” pledging to create more than 20 unicorn companies in five years. On the 26th, Gyeonggi-do held the inauguration ceremony of the Gyeonggi-do Startup Council at the Gyeonggi Creative Economy Innovation Center International Conference Hall in Pangyo. This is the first time a Gyeonggi-do-level startup council has been launched. More than 600 startup officials attended the event, where the council was declared inaugurated and 11 executives were presented with certificates of appointment. “When I met with unicorn c
The Ministry of SMEs and Startups announced on the 26th that it held the 'AI Super Gap Challenge Kick-off Day' event at the Four Seasons Hotel in Seoul to promote the commercialization of artificial intelligence (AI) startups through demand-based collaboration between global giants such as LG Electronics and Qualcomm and promising AI startups in Korea. Recently, the emergence of China's Deepseek, which launched a low-cost and high-performance large-scale language model (LLM model) in the global market, has intensified the competition for hegemony in AI technology between the United States and
Jeollanam-do signed a letter of intent (LOI) with Stanford Center, Korea Advanced Institute of Energy and Technology, and SFR-Stock Farm Road in San Francisco, USA, on the 26th (local time) to support the successful construction of the world's largest 15 trillion won ($15 billion) Solar City AI Supercluster Hub. The signing ceremony was attended by Kim Young-rok, Governor of South Jeolla Province; Amin Badr-El-Din, Co-Chair of Stock Farm Road; Michael Lepech, Director of the Center for Sustainable Development at Stanford University; and Park Jin-ho, Acting President of Korea Advanced Institute