Korea Plans $14 Billion for Wealth Fund’s AI Bets After Rout

South Korea is committing 20 trillion won, approximately $13.9 billion, to its sovereign wealth fund to support strategic investments in domestic artificial intelligence, data centers, and infrastructure. The move follows a significant decline in technology stock prices and marks the first time the fund has been authorized to invest in local assets. This initiative aims to stabilize the domestic tech sector while accelerating national development of critical digital infrastructure.