The Export-Import Bank of Korea said on Wednesday that it will launch a comprehensive financial support plan next month to provide 20 trillion won of capital to the artificial intelligence industry over the next five years. The Export-Import Bank of Korea said the package is called the AX Plan and includes preferential interest rates for artificial intelligence-related businesses, investment in advanced strategic industries, and support measures for startups.

The Export-Import Bank of Korea said on Wednesday that it will launch a comprehensive financial support plan next month to provide 20 trillion won of capital to the artificial intelligence industry over the next five years. The Export-Import Bank of Korea said the package is called the AX Plan and includes preferential interest rates for artificial intelligence-related businesses, investment in advanced strategic industries, and support measures for startups.