Korea Misses out on Nurturing AI Start-ups

  • By Ahn Sang-hyun

    September 19, 2023 11:10

    Korea lags far behind other countries in investment in artificial intelligence start-ups amid a global craze.
    A list by market researchers Visual Capitalist of the top 10 countries in the AI race, the U.S. came first with US$249 billion invested in 4,643 start-ups over the past decade. It was followed by China with $95 billion invested in 1,337 start-ups.
    Next came the U.K. ($18 billion), Israel ($11 billion), Canada ($9 billion), followed by France, India, Japan, Germany and Singapore. Korea was not even included in the list.
    The list only considered countries where AI start-ups received private investment of more than $1.5 million, based on data from the Stanford Institute for Human-Centered Artificial Intelligence.
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