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Industry
Dongwon Group honorary chairman Kim Jae-chul pledges 5.9 billion won for KAIST AI research building
Dongwon Group Honorary Chairman Kim Jae-chul pledged an additional 5.9 billion won in development funds to KAIST, bringing his total donations to 60.3 billion won. The money will support AI talent training and research infrastructure, including construction of an AI education and research building scheduled for completion in February 2028. KAIST plans to expand its AI graduate school faculty to more than 50 and continue selecting additional scholarship students each year.
AI & Enterprise
Piolink's Seol Dong-gyu and CEO Jo Young-cheol win Seoul information security awards
Piolink said on Jan. 16 that CEO Jo Young-cheol and security services manager Seol Dong-gyu received commendations from the Seoul mayor for contributions in information security and personal data protection. Seol carried out digital forensics-based investigations and analysis when malware infections, web hacking and other incidents or suspected situations occurred at Seoul city and affiliated agencies. The company said Jo was recognized for his work as head of KISIA and for advancing network security technology.
Crypto
Uproot Company completes PCT patent application for digital asset management technology
Uproot Company said on Jan. 16 it has completed an international patent application under the Patent Cooperation Treaty for its digital asset management technology. The company operates BitSaving, an AI-based digital asset installment investment solution. It was selected for the Korea Fintech Support Center’s global accelerating programme in 2024 and is stepping up global expansion centred on Vietnam. It exported BitSaving software to VSV Capital.
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Crypto
Tiger Research cuts bitcoin target to $185,500, sees upside still intact
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AI & Enterprise
SamjjeomSam partners with Seoul National University Holdings to back early-stage AI startups
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AI & Enterprise
AI sales concentration deepens as AI-native firms seek to diversify beyond subscriptions
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Telecommunications & Media
KT penalty fee waiver ends, raising questions over telecom market shake-up
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Entertainment
Interest surges in Netflix culinary survival show season 2 as EXO, BTS, Wanna One comebacks loom
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Industry
Korean HBM equipment makers target Japan's semiconductor market
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Finance
Internet banks cut fees, boost speed to target overseas remittances
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AI & Enterprise
Tulip raises $120 million in Series D funding, says it can replace MES
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AI & Enterprise
Nozomi Networks launches Vantage IQ AI assistant for OT and IoT security
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Industry
Coupang starts 50,000 won coupon payments after personal data leak
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Crypto
Ripple invests $150 million in LMAX to expand RLUSD stablecoin for institutions
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Telecommunications & Media
Spotify raises U.S. premium subscription price again after last year
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AI & Enterprise
Replit launches mobile app development feature including App Store submission
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AI & Enterprise
Cloudflare to acquire AI data marketplace company Human Native
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AI & Enterprise
Psionic AI partners with Dongkuk Systems to expand enterprise AI business