# South Korea Aims to Cultivate 20 AI Unicorns and One Decacorn by 2030

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/54767
Published: 2026-11-12T01:41:38.000Z
Updated: 2026-11-12T01:41:38.000Z
Section: Regulation

> Final-stage companies would receive at least 10 billion won each for research and commercialization. The plan also links AI semiconductors, cloud, large language models and services in an integrated demonstration system.

South Korea’s Ministry of SMEs and Startups (MSS) announced a plan in Seoul on Nov. 11 to cultivate 20 AI companies valued above 1 trillion won and one above 10 trillion won by 2030.

Companies that reach the program’s final stage would receive at least 10 billion won each for research and development and commercialization.

The strategy calls for an integrated demonstration system spanning AI semiconductors, cloud, large language models and services. It also expands the government’s first demonstration and procurement program to AI, with the government and public institutions serving as first customers for AI products.