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AI & Enterprise
Sandoll, BGF Retail to expand cooperation on Hangul commerce use
Content creator platform company Sandoll said it signed an MOU with BGF Retail to strengthen Hangul design competitiveness across CU convenience store spaces and products. The deal aims to expand Hangul as cultural content and a design asset and combine it with retail and consumption environments. Sandoll will develop a CU font for use across stores, packaging and promotions, while BGF Retail plans related merchandise. They will also launch a lettering contest for Hangul Day in 2026.
AI & Enterprise
Dokpamo second-round countdown as multimodal seen as key factor
South Korea’s government-led “homegrown AI foundation model” project is entering a second evaluation phase, drawing industry interest in development direction. After the first round hinged on whether teams built models from scratch, companies expect multimodal capabilities to become a key dividing line. SK Telecom, LG AI Research and Upstage are preparing multimodal foundation models. The Ministry of Science and ICT plans an additional selection after dropping 2 teams and adding 1.
Industry
Imported EV market shifts in Korea as Tesla, BYD gain ground and German trio slips
Tesla and China’s BYD are quickly increasing their presence in South Korea’s electric vehicle market. EVs accounted for 18 percent of the imported car market in 2024. Tesla sold about 60,000 EVs last year, while BYD sold 6,107 to enter the top ranks in a short period. German premium brands lagged, with BMW selling 5,821 units, Audi 4,427 and Porsche 3,626.
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Industry
Chinese TV brands target premium market as Samsung fights to hold top spot
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AI & Enterprise
Reality behind AI-driven crisis fears for software companies
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Games & Commerce
Pearl Abyss breaks seven-year silence with Crimson Desert, test for K-game DNA innovation
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Crypto
Tether launches USAT stablecoin compliant with U.S. GENIUS Act
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Crypto
Animoca Brands Japan teams up with RootstockLabs to expand bitcoin DeFi for Japanese companies
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Crypto
Crypto payments startup Mesh raises $75 million, reaches unicorn status
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Crypto
UK finalises cryptocurrency regulation, setting it apart from U.S.
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Crypto
Circle launches privacy stablecoin USDCx on Aleo blockchain
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Crypto
Nomura-backed Laser Digital applies for U.S. trust bank charter
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Games & Commerce
Amazon overhauls offline retail strategy, closes Amazon Go and Amazon Fresh stores
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AI & Enterprise
Google unveils feature to switch from AI Overviews to AI Mode conversations
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AI & Enterprise
Pinterest cuts 15 percent of workforce to expand AI investment
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AI & Enterprise
OpenAI launches Prism AI workspace for scientists
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Mobility
Waymo robotaxi narrows price gap with Uber
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AI & Enterprise
Moonshot AI launches Kimi K2.5 model, boosting coding and visual data understanding