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AI & Enterprise
Anthropic releases IPO prospectus, posts $42 billion net loss last year
AI company Anthropic disclosed in its IPO prospectus that it posted a net loss of $42 billion last year, Reuters reported on Sept. 28. The filing said 2025 revenue rose about 12-fold to around $4.6 billion, while operating loss widened to $8.06 billion. It flagged growing computing and infrastructure costs and customer concentration as risks. The company’s expected valuation could exceed $2 trillion.
Telecommunications & Media
iOS 27.0.1 rollout fixes iPhone 18 Pro Face ID bug
Apple has released iOS 27.0.1 to fix bugs in iOS 27, including a Face ID issue affecting some iPhone 18 Pro and Pro Max devices that could trigger an unexpected reboot after authentication failures. The update also addresses colour distortion in certain photos taken under specific lighting conditions and fixes a touchscreen bug that occurred when opening Notification Center and Control Center at the same time.
AI & Enterprise
Jensen Huang says using others' AI models is competition, clashing with U.S. view of theft
Nvidia CEO Jensen Huang (젠슨 황) said the technique known as AI model distillation, which trains a new model on another model’s outputs, should be seen as competition. His remarks diverge from the U.S. government’s stance that distillation used to extract capabilities from U.S. AI models amounts to theft. U.S. agencies have warned of large-scale campaigns by Chinese-linked firms, while China’s commerce ministry has rejected the claims as groundless.
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Mobility
Toyota bet on hybrids, says first EV lacked competitiveness
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Mobility
New York City to overhaul e-bike rules, consider more than 20 micromobility bills
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AI & Enterprise
KISA joins 8 organisations to build AI agent-based missing person search system
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Finance
Korea Exchange to build 12-hour trading system by end-2027
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AI & Enterprise
Korea space agency to release 67,000 high-resolution satellite images to support AI development
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General News
Korea Postal Service issues special edition marking 80th anniversary of Post Office and People magazine
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Finance
One in four bank customers consider switching as AI era shakes loyalty
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Games & Commerce
KakaoGames gives first in-game reveal of ArcheAge S, targets Q2 launch next year
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Telecommunications & Media
KT overhauls My KT app around AI to surface benefits first
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Games & Commerce
Kakao applies generative AI to Kanana Counseling Manager
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AI & Enterprise
Nvidia unveils open agent safety platform for AI agents as Anthropic, Microsoft and others join
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Finance
South Korean financial regulators launch forced probe into 'information cartel' over M&A insider trading
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Finance
Warning that rampant spread of financial AI agents could trigger bank run
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Industry
Micron shares slip in premarket ahead of earnings, Wall Street raises price targets
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AI & Enterprise
Seoul National University launches AI semiconductor innovation institute to train 110 master's and PhD students