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The market is expected to reach KRW1,510.2 trillion ($1.1 trillion) by 2029, supported by the country’s exceptionally high card penetration, robust payments infrastructure, and continued government efforts to promote cashless transactions Card payments market is driven by contactless adoption and strong banking access South Korea aims to become a top global AI powerhouse with NVIDIA's advanced computing technologies The site will support advanced AI models, aligning with Meta's vision of achieving superintelligence by 2028 The investment aligns with India's "Viksit Bharat 2047" vision to become a leading digital economy The European Commission set out two strategies to ensure Europe stays ahead, driving adoption in key industries and putting Europe at the forefront of AI-driven science AI factory will enable Europe’s industrial leaders to accelerate every manufacturing application Investment builds on Amazon's ongoing commitment to expanding its AI capabilities nationwide The U.K.’s fastest AI supercomputer powered by 5.5k GH200s is set to be fully operational this summer The Tianping-3A 02 satellite boosts Chinese radar imaging and supports space exploration efforts The funds will be offered to companies in national strategic industries in the form of cheap loans and other investments over the next five years More than half of the anticipated spending on AI infrastructure will be concentrated in the U.S. Record high semiconductor exports drove the industry’s growth Bit Trade ignored its design and distribution obligations until ASIC intervened, revealing compliance deficiencies The government will allocate 1.7 trillion won next year for chip R&D and talent development Spacecraft spans 30.5 meters from end to end and weighs about 5,900 kilograms Microsoft will also launch ConectAI to train five million people over the next three years with AI skills Comapany also announced that it will continue to invest in the application of AI, by leveraging the AI for Good program Musk has often revised Starship timelines, claiming uncrewed Mars landings in five years and human landings in seven Fund to invest in innovative companies in battery component and subcomponent manufacturing and materials recycling The two entities pledged to identify innovative projects in space life sciences and deep space antennas Funding to mobilize up to $100 billion in total investment potential when including debt financing In 2023, the company successfully delivered the first multi-chip package prototypes under the SHIP program The company also committed to investing $10.47 billion in its data center operations in the U.K. over the next five years