EconomySouth Korea Plans $14 Billion Wealth Fund Injection for AI Bets

South Korea plans to put 20 trillion won, or about $13.9 billion, into its sovereign wealth fund. The money is earmarked for strategic investments in artificial intelligence, data centers and infrastructure. The proposal follows a rout in technology stocks. It would also allow the fund to invest in domestic assets for the first time.

South Koreasovereign wealth fundartificial intelligencedata centers

BBloomberg News★★★☆☆2026-07-31 06:30Original