South Korea plans ₩4.7 trillion program to develop frontier AI model from March 2027

South Korea's Ministry of Science and ICT plans a ₩4.7 trillion special program to develop a frontier AI large model starting March 2027, Reuters reported.

The lead developer will be chosen through competitive bidding after the National Assembly passes the 2027 fiscal budget in December, with the winner expected to be finalized as early as February 2028.

The program is separate from the existing domestic foundation model project, which will continue and select two final teams in a third-stage review in February 2027.