South Korea Launches $8M AI Cybersecurity Fund for 50 Companies

CryptoFrontier

South Korea’s Ministry of Science and ICT and the Korea Internet and Security Agency will invest 12 billion won (US$8.31 million) in the 2026 Information Security New Technology Support Project, according to Chosun Daily. The program aims to support 50 companies working on 18 AI security tasks amid concerns that advanced AI could be used in cyberattacks. Five companies have been selected for the first development tasks.

Program Structure and Focus Areas

The initiative covers four key areas: AI security product commercialization, support for AI security companies, a Korean integrated security model, and zero-trust deployments. Companies involved in the project include Sands Lab, SK Shieldus, Pentasecurity, and S2W.

Private Market Activity and Global Context

South Korea’s government effort comes as the private cybersecurity market is already advancing in AI security. Seoul-based Logpresso recently raised 16 billion won (US$12 million) in a Series B round to expand its AI security agent model and Extended Detection and Response (XDR) platform, working with domestic financial institutions including BNK Busan Bank.

The 12 billion won government investment is notably smaller than major global AI funding rounds. OpenAI has raised US$122 billion, Shield AI secured US$2 billion, and SplxAI raised US$7 million in a seed round for agentic AI systems. According to the source, the program’s aim is to build homegrown security technology and reduce reliance on foreign vendors for critical national infrastructure, rather than match global funding totals.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Microsoft Executives Doubted OpenAI in 2017-2018, Invested $1B to Prevent Move to Amazon

According to court filings monitored by Beating News, emails from over a dozen Microsoft executives, including CEO Satya Nadella, revealed between 2017 and 2018 show internal skepticism about OpenAI before the company's $1 billion investment. Nadella consulted colleagues on supporting OpenAI's $300

GateNews1m ago

SNS Launches MCP Protocol Enabling AI Agents to Manage .sol Domains on May 7

According to SNS official announcement on May 7, 2026, SNS MCP (Model Context Protocol) went live, enabling AI agents to discover, register, and manage .sol domains on Solana through conversational interactions. Users can now connect compatible AI platforms such as Claude AI and OpenClaw to

GateNews22m ago

OpenAI Expands ChatGPT Ads Pilot to South Korea, UK, Japan, Brazil, Mexico on May 7

According to The Korea Times, OpenAI announced on May 7 that it will expand its ChatGPT ads pilot to South Korea, the UK, Japan, Brazil, and Mexico to monetize free users beyond its initial markets (US, Canada, Australia, and New Zealand). The test will target adult users on Free and Go plans,

GateNews23m ago

U.S. and China Set to Launch Official AI Safety Dialogue, Led by Treasury Officials

According to reports, the United States and China are preparing to launch an official AI safety dialogue aimed at establishing crisis management mechanisms for their technology competition. The U.S. delegation will be led by Treasury Secretary Scott Bessent, while China will be represented by Vice

GateNews53m ago

RLWRLD Releases RLDX-1 AI Model for Industrial Robotic Hands

RLWRLD, a robotics AI startup backed by LG Electronics, unveiled RLDX-1, a foundation model designed for five-finger robotic hands in industrial applications, according to RLWRLD. The company released the model's weights, code, and technical documents on GitHub and Hugging Face. Model

CryptoFrontier1h ago

DeepMind AlphaEvolve cross-domain performance: 4×4 matrix multiplication refreshes the 1969 Strassen record, Gemini training is 1% faster

Google DeepMind on May 7 (U.S. time) released a report on AlphaEvolve’s cross-domain breakthroughs. DeepMind’s official blog summarizes AlphaEvolve’s concrete progress since its launch: it found a 4×4 complex matrix multiplication method better than the Strassen 1969 algorithm (48 pure scalar multiplications), collaborated with mathematicians such as Terence Tao to solve multiple Erdős mathematical problems, saved 0.7% of global computing resources for Google data centers, increased the speed of the key kernels trained with Gemini by 23%, and reduced overall Gemini training time by 1%. Architecture: Gemini Flash wide exploration + Gemini

ChainNewsAbmedia1h ago
Comment
0/400
GateUser-4aa73916vip
· 13m ago
What exactly are the 18 AI safety tasks? Quantum encryption or adversarial example detection? The report is too vague.
View OriginalReply0
Miner'sHelmetUnderTheMoonlightvip
· 18m ago
I hope this time it doesn't turn into a paper competition again; it has to truly be transformed into a product.
View OriginalReply0
HashbrownHerovip
· 18m ago
How many truly implemented technologies can come out of these government-led projects in the end?
View OriginalReply0
FudAlsoNeedsAnImagevip
· 18m ago
The Korean government has finally decided to invest money in AI safety, with 1.2 billion won looking reasonable. Hopefully, it won't turn into a cash machine for certain connected individuals again.
View OriginalReply0