South Korea is hoping that its investment in developing next-generation AI chips will help to fulfill the global demand for these devices, and contribute to the country’s own burgeoning technological sector. The government believes that this investment will not only boost the development of AI chips, but also create new jobs and help to further strengthen South Korea’s position as a leading player in Information Technology.
As the world circulates around discussions on artificial intelligence and what it might mean for both society as a whole and individual use cases, companies are scrambling to find ways to capitalize on these trends. Generative AI, which is a subset of AI that uses algorithms to create new data sets from scratch, has led to advances in how these services can be created and run. This newfound efficiency has sparked an increase in demand for better chips and architectures to run these services more effectively, with companies racing towards being the first ones to meet that demand. The race is likely to continue as generative AI continues its advancement into more areas of society.
This situation presents an interesting opportunity for South Korea: to play up its strengths as a producer of high-quality components, while also positioning itself as a go-to destination for R&D in the technology industry. This would both allow it to strengthen its already-ample competitiveness in the sector and provide companies with an alternative to China as a provider of key tech ingredients and services.
This digital strategy plan is indication of the government’s commitment to investing in AI and other cutting-edge technologies. The $795 million (1.02 trillion won) set aside for AI semiconductors indicates their importance in the government’s plans, while the $235 million (301.8 billion won) allocated for next-generation AI demonstrates their commitment to developing smarter technology.
The continued growth of the AI semiconductor industry is largely due to budget allocations from government agencies and private investors alike. These investments have helped spur the development of artificial intelligence technology, which in turn has led to new applications and products that can improve efficiency and productivity within businesses.
The decision to build AI-specific data centers, known as NPUs, shows the city’s commitment to supporting the growing industry. Initially, the two centers are planned to use domestic AI chips in order to reduce reliance on foreign technology and protect Korean manufacturers from rival imports.
Rebel AI is said to have teamed up with Naver Cloud, KT Cloud, KaKao Cloud, and NHN Cloud to form a consortium to bid for the South Korean government’s data centers. FuriosaAI is also said to have partnered with one of the cloud firms. The move by the chipmakers could signal their continued interest in entering the country’s burgeoning artificial intelligence (AI) market.
Rebellions, Furiosa AI and Sapeon Korea spokespeople confirmed to TechGround that they plan to bid for the data centers without providing further details. However, it is unknown which companies they will be bidding against or what the bids will cost. It is also not clear if any of these companies have experience in operating data centers, but it seems likely that at least one of them will be successful in securing these contracts.
Furiosa AI is one of the first companies to bring a commercially available artificial intelligence chip to market. The company’s founder, Chung Mong-joon, is also known for his work on Wakanda, the hidden African country in Marvel’s Black Panther. Furiosa AI’s goal is to make it easy for businesses and consumers to use artificial intelligence so that they can benefit from its many benefits.
In the coming year, rebellion and furiosa AI will both aim to commerciallyize their products. Despite their young age, these companies are already well-established within the industry and are expected to grow even more in the years to come.
Rebellions’s new AI chip, ATOM, is designed for data centers, chatbot AI and computer vision. This news comes as the company announces their strategies to battle against current leaders in those industries. Rebellion believes that they can win with their innovative technology and Strategies founded on creating a better user experience.
Chatbots are growing increasingly popular, but they still lack the critical intelligence needed to truly interact with humans. Furiosa AI’s second AI chip vows to change that by giving chatbots the ability to understand and respond to even the most complex questions and queries. This could usher in a new era of truly intelligent chatbots, making them capable of handling a wide variety of tasks and interactions with humans.
Samsung and Naver are two of South Korea’s largest technology firms, so it makes sense that they would team up to develop AI chips. The agreement will allow them to share their expertise and work together on projects that could benefit both companies.
South Korea’s aim to become a global leader in the development of AI chips is being met with enthusiasm. The country sees this as an opportunity to secure a large share of the global market, while also offering potential benefits such as increased efficiency and reduced waste.