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AI & Enterprise
SKT bets on 'intelligence improvement loop' for AI-for-everyone push
SK Telecom will push its “AI for everyone” business by leveraging full-stack capabilities that connect its proprietary AI model, infrastructure and public-facing services. It aims to build an “intelligence improvement loop” that feeds experience and data collected from real services back into model upgrades. SKT unveiled its 688 billion-parameter A.X K2 foundation model and plans efficiency measures such as MoE, inference control and system-level optimisation. It is forming a consortium of about 20 organisations and separate MOUs with 11 companies.
AI & Enterprise
Hanssak swings to profit in Q2 on broader security portfolio and business diversification
Hanssak said on Sunday it swung to a profit in the second quarter on both separate and consolidated bases, citing an expanded security-solution portfolio and business diversification. Separate second-quarter revenue rose 39 percent to 6.4 billion won and operating profit was 1.3 billion won, versus an operating loss a year earlier. Consolidated revenue increased 44 percent to 7.6 billion won and operating profit was 800 million won.
Telecommunications & Media
Spoonlabs pushes for 2028 IPO, begins lead manager selection
Spoonlabs, an AI media entertainment company, said on Sunday it has sent requests for proposals to major South Korean securities firms as it targets an initial public offering in 2028. The company plans to select a lead manager by the third quarter of this year and proceed with IPO preparations aimed at a 2028 listing. It will decide the listing market and track after choosing the lead manager.
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AI & Enterprise
SK Shieldus steps up cyber threat response for South Korean medical institutions
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AI & Enterprise
Hancom Group to sponsor second Hancom Literature Awards, adds youth and high school category
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Industry
ACE Robotics says robot brains could hit 'ChatGPT moment' by end-2027
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Crypto
Trump aims to boost U.S. rocket launch approvals to 1,000 a year by 2030
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AI & Enterprise
Amazon analysis finds 63% of religion and faith books suspected of being AI-written
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Crypto
Row over claims Coinbase sells ETH to buy BTC widens as holdings reviewed
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Crypto
Stellar jumps 22 percent, closes in on XRP as mid-term trend turn faces test
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Crypto
Trump made 1,051 trades in June, first buys Berkshire and rebought Coinbase
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AI & Enterprise
MegazoneCloud, Finger form alliance on finance AX business with 30 billion won investment
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Finance
Saemaul Geumgo expands policy finance supply, provides 217 billion won in first half
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Games & Commerce
Naver launches Travel Connect to help creators monetise
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Industry
Ecopro BM begins Hungary plant line conversion
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Telecommunications & Media
SKT to run industry-academia AI course with Seoul National University
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Crypto
Eric Trump denies new coin rumour as Trump meme coin jumps
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General News
KB Financial highlights Ukishima Maru history, includes voices of remembrance