South Korean Deputy Prime Minister Emphasizes Investment in AI Data Centers Must Continue

South Korean Deputy Prime Minister and Minister of Science and ICT, Lee Kyung-hoo, stated that South Korea should not delay investments in AI data centers, despite growing concerns over a global decline in AI investments. He emphasized that South Korea must not stop or postpone investments due to the current atmosphere. Lee's remarks respond to recent phenomena of potential increased regulation of AI data centers and declining stock prices of related companies due to the aftermath of the U.S. midterm elections. He mentioned that even if the U.S. hesitates, countries like France and Canada might see this as an opportunity, and the global competition for AI investments is unlikely to cool down easily. He believes that market expectations for AI are very high, and even minor uncertainties could lead to significant market fluctuations, but in the long run, the trend will be upward.

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