According to CoinMeta, South Korean President Lee Jae-myung stated on November 2 that the country plans to double its spending on artificial intelligence (AI) and semiconductors by 2027, reaching a historic high. He pledged to use these two technologies to transform the military into an "intelligent elite force." During his annual budget speech to the National Assembly, Lee Jae-myung mentioned that 21.3 trillion Korean won (approximately 105.4 billion yuan) will be allocated for chip manufacturing and artificial intelligence, covering various fields from data centers to robotics.