National Growth Fund to scale up investment in physical AI sector

The chief of the country's financial regulator said Wednesday that the National Growth Fund, a mega-sized investment fund aimed at nurturing key industrial sectors, will help finance the emerging physical artificial intelligence sector.

Under the plan, LS Cable & System Ltd. was named as the fund's first physical AI investment, although details were not unveiled.

Lee Eog-weon, chairman of the Financial Services Commission said physical AI will help boost productivity and create new growth locomo ...