South Korean Deputy Prime Minister: Data Center Construction Should Not Be Slowed by Concerns Over U.S. AI Investment

TechFlow News, November 6: According to Yonhap News Agency, South Korean Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon said on November 6 that despite rising market concerns over stricter regulation of AI data centers and slowing investment after the U.S. midterm elections, South Korea should not halt or delay AI infrastructure investment due to current market sentiment.

Bae Kyung-hoon noted that even if U.S. investment slows, countries such as China, France and Canada may take the opportunity to increase spending, and global AI competition will not cool easily. He said the AI market may experience sharp short-term volatility due to uncertainty, but is still expected to maintain long-term growth.

In addition, the South Korean government is exploring the development of ultra-large-scale frontier AI projects 10 to 20 times larger than existing domestic AI foundation model projects, and is discussing the establishment of a national cybersecurity coordination mechanism covering public, private and military sectors.

Source: TechFlow