Betting on Processing-in-memory Chip Development
The South Korean government has decided to invest 402.7 billion won for seven years for processing-in-memory (PIM) chip development. This investment is an addition to its PIM chip development project, in which slightly less than 1.01 trillion won will be invested from 2020 to 2029.
A PIM chip is characterized by having a memory equipped with an AI processor. This technology is emerging as a new paradigm in the AI chip industry.
In addition, the government decided to provide 8.5 billion won as application program interface costs this year so that non-large companies can better develop AI solutions and services based on hyperscale AI models developed by large companies. At the same time, large-scale GPU computing resources will be increasingly shared with non-large companies, research institutes and colleges.
The AI Hub of the government is expected to contain more than 1,300 different types of shared AI training data in 2025. The government is planning to pick three colleges this year and they will provide AI chip development curricula linked to electrical and electronics engineering, computer engineering and physics.