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Finance

OK Financial signs definitive deal to buy Yebyeol non-life insurer

OK Financial Group signed a share purchase agreement to acquire Yebyeol Non-Life Insurance and enter the insurance business. With Yebyeol's performance worsening, OK Financial expects it will need to inject more than 110 billion won in additional funds and is considering bringing forward planned investment outlays. It plans to prioritise policyholder protection and management normalisation, raise key solvency indicators above regulatory standards, and expand staffing from about 260 to 500 to 600.

AI & Enterprise

Tab personal AI agent emerges at $300 million valuation

Personal AI agent startup Tab has emerged with a valuation of $300 million, TechCrunch reported. Brennan Arbes (브레넌 어브즈), Stafford Schlit (스태퍼드 슐릿) and Ammar Amdani (암마르 암다니) began developing it earlier this year. Users send tasks via iMessage or WhatsApp, and Tab carries them out. The investment included SV Angel, Bala Ventures and American Spirit. The company says it does not use user data to train AI.

AI & Enterprise

Tech Insight: AI hackers target logic flaws, not code bugs

Kevin Mandia (케빈 맨디아), the founder of Mandiant and CEO of AI security startup Armadin, said AI-driven attacks target logic gaps in business workflows rather than code flaws. He said AI attackers try every possible path in applications. Armadin provides automated security agents and raised $189.9 million in seed and Series A funding led by Accel. Mandia said Armadin found more than 90 zero-day vulnerabilities at Fortune 500 clients since January.