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South Korea Plans to Invest $14 Billion in Sovereign Wealth Fund to Boost AI and Data Centers

BlockBeats News, July 31st, according to Bloomberg, the South Korean government plans to inject 20 trillion South Korean won (about $13.9 billion) into the Korea Investment Corporation (KIC), the sovereign wealth fund, specifically for strategic investments in artificial intelligence, data centers, and infrastructure.

Source #Market Trends

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