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AI & Enterprise
Dassault Systemes partners with Groupe Rocher on virtual twin-based natural cosmetics R&D
Dassault Systemes said on Tuesday it has signed a collaboration with France-based natural cosmetics company Groupe Rocher to strengthen cosmetics research and development using virtual twin technology. The companies said it currently takes an average of about 30 experiments to find the right formulation. They aim to accelerate the process and improve efficiency by combining generative AI, chemical modelling and simulation with expertise in plant-based active ingredients.
AI & Enterprise
Upstage raises 180 billion won in first close of Series C round
Upstage said on April 15 it has completed the first close of a Series C funding round totaling 180 billion won. The fundraising valued the company at more than 1 trillion won. Silicon Valley-based venture capital firm Sages Partners joined as the lead investor, while Premier Partners, Shinhan Venture Investment, Mirae Asset Venture Investment, KB Securities and InterVest participated as follow-on investors. Axiom Asia, Hyundai Motor and Kia, and Woori Venture Partners joined as new investors.
AI & Enterprise
Zoom CEO says five-day workweek is waste of time, three-day week possible with AI
Zoom CEO Eric Yuan said the spread of artificial intelligence tools could reduce the standard five-day workweek to three days. He said AI agents and automation could take over repetitive and administrative tasks, helping workers spend time on more meaningful work and save significant hours each week. Yuan said he dislikes working five days and expects society to shift toward three-day weeks within five years. He also warned productivity gains may not affect all jobs equally, especially entry-level roles, and urged using added free time for retraining and skills development.
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Finance
Decision on Hong Kong ELS fines for banks nears ahead of FSC meeting
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Industry
PC DRAM price rise slows, demand broadening in focus
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Mobility
Tesla FSD response speed up 20 percent; DJI unveils high-power electric motor
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Telecommunications & Media
New broadcast media commission launched but OTT regulation still split across three ministries
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AI & Enterprise
Baemin, Coupang Eats face rising profitability burden amid market share battle
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AI & Enterprise
GPU fees jump, usage limits deepen AI computing resource depletion side effects
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Crypto
Circle steps up push in South Korea, fuelling hopes for won-backed stablecoin
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AI & Enterprise
Credo to buy DustPhotonics, targets silicon photonics for AI infrastructure
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AI & Enterprise
OpenAI steps up rollout of cybersecurity-focused GPT-5.4-Cyber model
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Telecommunications & Media
Government to mobilise full support for fair elections ahead of June 3 local polls
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Industry
Korea post office evolves into everyday safety infrastructure beyond delivery
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Crypto
Bitcoin halving cycle passes 50% mark, next halving seen in April 2028
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Crypto
XRP, bitcoin long-term case strengthens as global uncertainty grows - financial coach
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Crypto
XRP may be headed for a bull market as 2016-style surge pattern emerges
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Crypto
Only major coins rise as altcoin participation stays limited amid bitcoin rally