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Industry
Shinsegae to build South Korea's largest AI data centre, aims to lead retail with AI commerce
Shinsegae Group plans to build what it described as South Korea's largest AI data centre in partnership with U.S. startup Reflection AI and to develop a full-stack AI factory offering cloud services and tailored AI solutions. The company said it aims to become an AI cloud provider while seeking synergies with its retail business. The partners signed an MOU in San Francisco on March 16 and plan to establish a joint venture within the year.
Industry
Hecto Group runs employee blood donation campaign under Hecto& social contribution project
Hecto Group will run a blood donation campaign for employees on March 19 to 20 under its Hecto& ESG programme, the company said. The campaign is designed to encourage voluntary participation and support stable blood supplies. About 160 employees from key affiliates, including Hecto Innovation, Hecto Financial, Hecto Data and Hecto Healthcare, have signed up. Donated blood certificates will be delivered to the Korea Childhood Cancer Foundation.
AI & Enterprise
Miso Information Technology launches ViiX OCR that understands medical, manufacturing and construction documents
Miso Information Technology said on Monday it will launch ViiX, a third-generation optical character recognition solution based on a vision-language model. The company said ViiX is a domain-specific OCR product that uses large language models to understand and convert into data a range of documents created in hospitals and in manufacturing and construction sites. It analyzes layout, fonts, spatial structure and context to enable structured data, search, analysis and task automation.
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AI & Enterprise
After closing business, importer builds Korean version of Moltbok, says do not learn coding, make it do the work
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Telecommunications & Media
South Korea ministry weighs delay to mandatory face verification for mobile phone sign-ups
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Finance
Middle East-led oil and currency shock raises uncertainty in financial markets
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AI & Enterprise
Dell marks two years of AI alliance with Nvidia, upgrades AI Factory lineup
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Crypto
Binance expands Korea derivatives as Upbit, Bithumb volumes lag
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AI & Enterprise
Nvidia says CPUs will play bigger role in era of AI agents, launches Vera CPU
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Mobility
Nvidia expands autonomous driving alliance as Hyundai, Nissan, Isuzu, BYD and Geely join
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AI & Enterprise
U.S. AI startup ReflectionAI teams up with Shinsegae to build large data centre in South Korea
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AI & Enterprise
Moltbook revises terms after Meta deal, shifts AI agent liability to users
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Industry
Nvidia to build orbital data centres based on physical AI
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Industry
Samsung Electronics unveils first physical HBM4E chip at GTC
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AI & Enterprise
Nvidia shifts to rack-scale pairing to ease AI factory bottlenecks
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AI & Enterprise
Apple to acquire video editing software firm MotionVFX to step up competition with Adobe
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Crypto
Bitcoin at $1 million: Exaggeration or future? Experts cite key variable
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Games & Commerce
Coupang to change free shipping policy for non-Wow members