The government and the ruling party have agreed to actively assign funds as part of the extra budget plan toward supporting efforts to bolster the artificial intelligence(AI) industry's competitiveness.

Following a two-way meeting on Tuesday, ruling People Power Party(PPP) policy chief Kim Sang-hoon said the ruling camp intends to draw up the extra budget to help the domestic AI industry make a leap to become one of three global powerhouses.

The two sides agreed on the need to attract high-level AI talents, seek an early establishment of AI infrastructure, and to foster startups in the field.

The ruling party will push to adopt a scholarship system for university students in AI-related studies, and to offer free education in the long term.

The ruling camp will also seek to obtain ten-thousand high-performance graphics processing units(GPU) within the year through cooperation with the private sector and to operate a national AI computing center as soon as possible.