AGP Executive Report
Last update: 4 hours agoAI Investment: South Korea’s president urged lawmakers to back a record 820.9 trillion-won budget, including 21.3 trillion won for AI, semiconductors and data centres — nearly double this year’s allocation. Startup Funding: Korean chipmaker FuriosaAI closed a $620 million Series D, while food startup EZ Bombs raised $25 million to expand production and retail distribution after reaching more than 8,000 US stores. AI Startup Pipeline: Kakao’s startup program drew 122 applications, up 85% from its first cohort, with investment reviews and pilot projects planned for selected teams. Small Business: New Zealand firms lagged regional peers for a second year: 38% reported growth in 2025, compared with 62% across the Asia-Pacific, prompting calls for sustained digital support and a long-term growth plan.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.