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US President Joe Biden (L) and South Korean President Yoon Suk Yeol tour a Samsung chip factory in 2022

South Korea To Invest $7 Billion In AI By 2027

South Korea will invest almost $7 billion in artificial intelligence by 2027 in an effort to become a global leader in cutting-edge semiconductors, President Yoon Suk Yeol said Tuesday.
Around 41 percent of executives in leading economies say they will employ fewer people within five years due to AI

AI A 'Game Changer' But Company Execs Not Ready: Survey

A majority of corporate executives across leading economies believe artificial intelligence will be a "game changer" for their industry but admit their leadership teams lack the knowledge to understand AI's risks and rewards, a study showed Friday.