President Lee Jae Myung said Monday that Korea will push to create a global investment fund in Singapore by 2030 to attract investments worth $300 million in startups and the artificial intelligence (AI) sector. Lee made the commitment during the AI Connect Summit in Singapore, where company and government officials and experts in the AI sector of both countries gathered to seek joint research and investment opportunities. "We are now in the midst of a massive civilizational transformation driven by AI," he said. "Amid these waves of change, it is inevitable that Korea and Singapore, both of which possess world-class AI capabilities, join hands." The Korean president arrived here Sunday for a state visit that included a bilateral summit with Singaporean Prime Minister Lawrence Wong. Acknowledging that the global AI industry is currently led by the United States and China, Lee expressed hope that South Korea and Singapore, widely seen as distant followers behind the two giants, can take the lead in niche areas, including AI manufacturing. "If the two countries set clear goals and collabora