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AI & Enterprise
Enigma raises $71 million seed funding to develop foundation model for robots
Robot AI software company Enigma has raised $71 million in seed funding. SiliconANGLE reported that Enigma is developing a foundation model that can be applied to various robots with only small amounts of training data. The round was co-led by Index Ventures and Ribbit Capital, with participation from Conviction Partners. Employees from Google DeepMind, Anthropic and OpenAI also joined as angel investors.
AI & Enterprise
Workspia obtains ISO/IEC 27001 and 27701 international standard certifications
AI and data-based HR tech platform group Workspia said on July 28 it has obtained the ISO/IEC 27001 international standard for information security management systems and the ISO/IEC 27701 standard for personal information protection. The certification scope covers major services within the group, including JobKorea, Albamon, GameJob and NineHire. Workspia said it will enhance systems to minimize data exposure risks and continue regular inspections and improvement activities.
Games & Commerce
HYBE posts Q2 operating profit of 170.9 billion won, up 159.3 percent
HYBE reported a second-quarter operating profit of 170.9 billion won, up 159.3 percent from a year earlier, in a preliminary tally filed on July 28. Revenue rose 105.5 percent to 1.45 trillion won and net profit climbed 613 percent to 109.8 billion won. The company said quarterly sales and operating profit hit record highs, supported by artist comebacks, world tours and higher merchandise and licensing revenue. Weverse monthly active users reached 14.43 million.
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Industry
CXMT overtakes Intel in market cap on first day of listing; HBM is key bet to challenge Samsung, SK
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AI & Enterprise
MSIT to adopt Korean NPUs in public CCTV for real-time disaster, accident detection
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Industry
China starts domestic production of DUV lithography tools; ASML and chip equipment stocks slide
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Games & Commerce
Warning signs as game industry growth slows, calls for tax credits for production costs
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AI & Enterprise
In agentic AI era, total cost matters more than token price, model performance is key
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Crypto
New York attorney general warns CLARITY Act could weaken state crypto enforcement powers
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Telecommunications & Media
Apple Watch SE 3 is $150 cheaper than Series 11 as features are cut
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Crypto
Rate hike bets surge on prediction markets, shaking view of FOMC hold
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Telecommunications & Media
Apple macOS 27 Golden Gate adds productivity-focused features
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Finance
Samsung, SK Hynix deepen link between KOSPI and Nasdaq 100 as correlation hits post-2021 high
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Crypto
Coinbase expects U.S. Clarity Act to advance despite Democratic pushback
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Industry
Nike unveils smart slides that massage feet with heat and vibration
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AI & Enterprise
Three-second TikTok clip enough as AI voice phishing targeting elderly spreads in US
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Finance
Black Tuesday: South Korean markets trigger sell sidecar and circuit breakers
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Finance
Low PBR firms ranked near bottom for 3 years to be disclosed; first list in November