Future Response Fund

A government fund in South Korea financed by a tax on AI chip sales, used to finance major national investment projects and strengthen the country's long-term competitiveness.

Why it’s in the news: It is in the news because South Korea has officially announced its creation and funding source.

Latest on Future Response Fund

• South Korea plans a ‘future response fund’ built on its AI chip tax windfall
• the government will use the "Future Response Fund" to help finance major national investment projects and strengthen the country's long-term competitiveness
• South Korea plans chip windfall fund to back youth, AI investment

Connections

6 entities linked to Future Response Fund across the news graph.