South Korea has formally started developing a $332M artificial intelligence complex to comprise a national AI data center, research space, and offices for startup companies. The project is expected to be completed by 2024.
- The 24,820-square-meter building complex in Gwangju, 330 kilometers south of Seoul, is expected to foster new jobs and AI growth in the post-COVID era.
- In a launch ceremony for a national AI data center earlier this year, President Moon Jae said it will help Korea move beyond its leadership in information and communications to become "an AI powerhouse."
- The complex is designed to "promote AI convergence R&D and corporate growth by focusing support on startups and education."
- Invest Korea notes it will support 81 AI-specialized companies and produce 360 AI professionals every year.