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Crypto
Strategy halts bitcoin buying again, redeems $176.3 million of STRC
Strategy stopped buying bitcoin again a week after resuming purchases. It instead redeemed 1,810,885 shares of its STRC preferred stock for $176.3 million and doubled the limit for its digital credit securities repurchase programme to $2 billion from $1 billion. The company did not buy or sell bitcoin from Aug. 31 to Sept. 7 and kept holdings at 845,050 BTC. It said it has $5.1 billion in dollar reserves and $1.44 billion in cash.
AI & Enterprise
Ditonic designated as excellent specialized research service provider by science ministry
AI platform company Ditonic said on Tuesday it has been designated as a 2026 “excellent specialized research service provider” in the commissioned research category by South Korea’s Ministry of Science and ICT. The ministry selects providers each year after evaluating research and development and customer-oriented service capabilities. Six companies were selected this year, including three in commissioned research. Ditonic said the designation recognizes its ability to provide tailored technologies and services by studying industry characteristics and customer work practices.
AI & Enterprise
HS Hyosung Information System targets AI inference infrastructure market with Arm server GreenCore and NPU
HS Hyosung Information System is stepping up efforts to target the enterprise AI services operations market with an AI inference infrastructure that combines the low-power Arm server GreenCore and neural processing units. The GreenCore server, co-developed with South Korean Arm server maker Access Lab, is based on Arm-architecture CPUs and supports low power use, low heat and many-core parallel processing. The company also offers end-to-end support for deploying AI inference infrastructure.
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AI & Enterprise
Lomin supplies document AI agent to support Korean Re automation of insurance rate calculation
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Crypto
$1.4 billion moves even when Wall Street rests as tokenised stocks rise
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Crypto
Tom Lee says Ethereum will outperform Bitcoin as BitMine holds 5.93 million ETH
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Crypto
Strive buys another 1,375 bitcoins, holdings rise to 24,531 BTC
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Industry
Semiconductor export boom swells Korea budget, setting up September parliamentary clash
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Telecommunications & Media
Optimal plan notification countdown stirs telecom industry
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Finance
Banks in South Korea step up tailored hiring for second half, from regional sales to AI and security
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Finance
Brokerage bonds draw strong demand, topping 4 trillion won on results improvement and rate appeal
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AI & Enterprise
AI raises value of originals as X, Naver race to secure original content
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Mobility
Tesla puts Cybercab robotaxi on Austin roads as EV battery durability draws attention
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Industry
Samsung Electronics partners with France's Mistral AI to build semiconductor-focused AI
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AI & Enterprise
Qualcomm teams up with AWS to build AI infrastructure for inference, shares surge
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AI & Enterprise
Meta launches personal AI agent Muse, adds $20 and $100 a month plans
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AI & Enterprise
Mistral AI raises 3 billion euros as ASML deepens alliances
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AI & Enterprise
Goldman Sachs CIO says Chinese models can be used with safeguards