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South Korean firms unveil plans for government AI project

Created at 4 Sep · 6:06 AM1 source↑ Market-relevant
IN SHORT

Three consortia led by SK Telecom, KT Corp., and Kakao Corp. presented blueprints for South Korea's "AI for all" initiative, aiming to develop accessible AI services using domestic models. The project, backed by 250 billion won, seeks to integrate homegrown AI into daily life and foster a domestic AI market.

Key Numbers

250 billion wongovernment funding for AI for all initiative
US$184.6 milliongovernment funding for AI for all initiative
50 percentminimum domestic AI model usage requirement
5 millionKakao's target monthly users by December
30 millionKakao's target monthly users by 2030

Who's Involved

SK Telecom Co.
Consortium leader for government AI project
KT Corp.
Consortium leader for government AI project
Kakao Corp.
Consortium leader for government AI project
Jeong Jai-hun
CEO of SK Telecom
Park Yun-yeong
CEO of KT Corp.
Chung Shin-a
CEO of Kakao Corp.
Bae Kyung-hoon
South Korean Minister of Science
South Korean firms unveil plans for government AI project

↳ Why This Matters

This initiative signifies South Korea's strategic push to develop its domestic AI capabilities and ensure equitable access to AI technologies for its citizens, aiming to foster innovation and create a competitive edge in the global AI landscape.

Key facts

  • Three South Korean companies, SK Telecom, KT Corp., and Kakao Corp., presented plans for a government-led AI initiative.
  • The project, named "AI for all," aims to make AI services accessible to everyone using domestic models.
  • The government has allocated 250 billion won (US$184.6 million) for the initiative.
  • Companies must use domestic AI models for at least 50 percent of their systems.
  • Services are expected to launch by the end of the year.
  • Kakao targets 5 million monthly users for its chatbot and AI agent by December.

Three South Korean technology firms — SK Telecom Co., KT Corp., and Kakao Corp. — have unveiled their strategies for a government-backed initiative aimed at developing and deploying artificial intelligence (AI) services accessible to all citizens. The companies presented their blueprints on Friday in Seoul, following their selection by the Ministry of Science and ICT last month.

The "AI for all" project is designed to enhance public access to AI models, with a requirement that developers utilize domestic AI models for at least half of their systems. The initiative is supported by government funding and graphics processing unit (GPU) resources. The science ministry has proposed a budget of 250 billion won (US$184.6 million) for the project in the upcoming year.

Science Minister Bae Kyung-hoon stated that the project's ultimate goal is to integrate new, homegrown AI services into people's daily lives and to foster a new domestic AI market. He urged the participating companies to collaborate and launch their services by the end of the year to improve convenience and create business opportunities.

The consortium led by Kakao plans to introduce a universal chatbot and an AI agent focused on public services, leveraging its Kanana AI model and LG AI research's Exaone model. Kakao CEO Chung Shin-a indicated a target of 5 million monthly users by December, with an expansion goal of 30 million by 2030.

KT's consortium presented a real-time search-based AI agent and a platform that connects approximately 10 specialized AI services across various sectors, including public services, education, finance, and shopping.

The SK Telecom-led team is developing an agentic AI service that can not only answer user queries but also perform tasks such as identification, applications, and purchases. SK Telecom CEO Jeong Jai-hun emphasized the critical importance of securing sovereign AI models, highlighting the competitive advantage of local companies in creating AI trained in the Korean language and tailored to local lifestyles.

Frequently asked questions

It is a government-led project in South Korea aimed at developing and deploying artificial intelligence services that are accessible to everyone, with a focus on using domestic AI models.

Three consortia led by SK Telecom, KT Corp., and Kakao Corp. are participating in the project.

The science ministry has earmarked 250 billion won (US$184.6 million) for the initiative in its budget proposal for next year.

The goals include integrating homegrown AI services into daily life, improving people's convenience, and opening up a new domestic AI market for businesses.

What Happens Next

01Companies are expected to launch their AI services by the end of the year.
02Kakao aims to reach 5 million monthly users by December 2026.
03Kakao aims to expand its user base to 30 million by 2030.
CME Headlines
  • Risk Management and Monitoring Notice: Multi-Factor Authentication Updates - September 12
    3 Sep · 5:00 AM

How It Developed

Three consortia led by SK Telecom, KT Corp., and Kakao Corp. unveiled plans for the government-led "AI for all" project.
The companies presented their envisioned AI services at a press event in Seoul.
The initiative aims to improve public access to AI models using domestic AI models for at least 50 percent of systems.
The science ministry has earmarked 250 billion won for the project in its budget proposal.
Science Minister Bae Kyung-hoon urged companies to launch services within the year.
Kakao's consortium plans a universal chatbot and AI agent for public services, targeting 5 million monthly users by December.
KT's consortium unveiled a real-time search-based AI agent and a platform connecting multiple AI services.
SK Telecom's team plans an agentic AI service capable of answering questions and performing tasks like identification and purchases.

Sources

T1
S. Korean firms unveil plans for gov't-led AI projectYonhap News Agency

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