South Korea to Launch Investment Fund from AI Tax Revenues

South Korea is set to establish an investment fund fueled by tax windfalls from its semiconductor sector to promote economic growth.

  • South Korea plans to create a new investment fund using excess tax revenue from its semiconductor industry.
  • The initiative aims to finance long-term economic growth, according to a senior government official.
  • The proposal was discussed during a senior-level meeting led by President Lee Jae Myung’s chief of staff.

[Via Bloomberg]

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