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AI & Enterprise

SamjjeomSam partners with Seoul National University Holdings to back early-stage AI startups

Jobis&Villains, which operates SamjjeomSam, has signed a memorandum of understanding with Seoul National University Holdings to cooperate on supporting and nurturing early-stage AI startups. The partners agreed to build a joint investment system covering discovery, support and commercialisation links. They plan to create a growth fund and build AI-based services aimed at helping gig workers, freelancers and small merchants, and to expand investment by bringing in outside partners such as financial institutions.

AI & Enterprise

AI sales concentration deepens as AI-native firms seek to diversify beyond subscriptions

Revenue at AI-native companies selling AI models or services is rising, but sales are heavily concentrated. OpenAI and Anthropic account for nearly 85 percent of annualised revenue among the top 10, and the top 10 reach 94 percent combined. Some apps have passed annualised revenue milestones, and ad-based models are emerging. OpenEvidence sells chatbot ads to doctors and drugmakers. Despite growth, uncertainty persists as many firms remain loss-making and face competition from model providers.

Telecommunications & Media

KT penalty fee waiver ends, raising questions over telecom market shake-up

KT's penalty fee waiver tied to unauthorized small-payment incidents has ended, and the telecom industry is watching how the market reshapes. More than 312,000 subscribers left KT during the waiver period, about double the outflow seen during last year's SK Telecom USIM hacking episode. SK Telecom took most switchers, while KT recorded a net decline in subscribers. Analysts estimate a 50 billion won hit to KT's first-quarter wireless revenue.