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Gov't plans to invest $22.6 bil. in AI, chips, other advanced technologies over next 5 years

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The minister of science and ICT Yoo Sang-im speaks during a conference in Jung District, Seoul, in this photo provided by the Ministry of Science and ICT, Aug. 23. Yonhap

The minister of science and ICT Yoo Sang-im speaks during a conference in Jung District, Seoul, in this photo provided by the Ministry of Science and ICT, Aug. 23. Yonhap

The government plans to invest 30 trillion won ($22.6 billion) in artificial intelligence, semiconductor and other advanced technologies over the next five years, the science ministry said Monday.

The pan-government investment plan was unveiled at a meeting of the Presidential Advisory Council on Science & Technology earlier in the day, ministry officials said.

Other advanced technologies include rechargeable batteries, aerospace and ocean engineering, and next-generation communications. (Yonhap)