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AI & Enterprise
Anthropic to roll out latest AI models on AWS Seoul region, step up push into South Korean finance
Anthropic plans to soon introduce its latest large language models, including Sonnet 5 and Opus 5, on Amazon Web Services' Seoul region and accelerate its push into South Korea's enterprise market. The company is also working with AWS to expand adoption in the domestic financial sector. Anthropic Korea head Choi Ki-young said local availability would better meet data sovereignty requirements, broaden use cases for regulated industries and ease concerns about data leaving the country during inference.
Finance
Investor deposits fall below 100 trillion won as margin loans top 33 trillion
Cash waiting on the stock market in the form of investor deposits fell below 100 trillion won in about two weeks, while margin loan balances climbed back into the 33 trillion won range. The Korea Financial Investment Association said investor deposits stood at 98.9 trillion won as of Aug. 26, down 3.6 trillion won from the previous session. Credit trading balances rose, and short-term unsettled trades also increased.
AI & Enterprise
Tech Insight: Beyond search, building AI that acts will be an advantage rivals cannot copy
Lee Kyung-jong (이경종), head of KB Kookmin Bank and KB Financial Group’s Financial AI2 Center, said AI competitiveness comes from trusted data that agents can act on, not from models. He said most corporate AI still functions as search, requiring staff to verify and enter results. KB is building an environment for “acting AI” by reshaping data around meaning and using an on-demand connection structure on Snowflake, while expanding agent development across front-, mid- and back-office work.
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Finance
Korea Fintech Industry Association joins hands with Wisestone to boost AI reliability
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Finance
KOSPI fails to reclaim 7,000 level, hampered by rate hike
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AI & Enterprise
Nvidia pursues Hugging Face acquisition for 18 trillion won
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Finance
DailyPay launches twice-daily advance payouts for Baemin and Coupang Eats merchants
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AI & Enterprise
KT unveils 'Everyone's AI' blueprint to bring domestic AI into daily life
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AI & Enterprise
MegazoneCloud, KISTI co-host quantum computing hackathon to seek solutions to industry challenges
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Industry
Cowin Tech wins 8.5 billion won ESS robot order
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Crypto
77 percent of Americans say crypto investing in workplace retirement plans is risky
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AI & Enterprise
Drones and smart glasses help visually impaired workers as AI expands jobs
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Crypto
Survey shows 90 percent of U.S. college students want crypto education, but rely on social media and influencers
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Mobility
Tesla FSD left on as drivers distract themselves raises controversy over autonomous driving play
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Industry
China succeeds in wind power test at 4,000 metres with helium airship
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Games & Commerce
Bandai unveils colour-display Tamagotchi ring
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Crypto
DAXA moves for joint response ahead of revised foreign exchange transactions law
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AI & Enterprise
Five teams in Korea AI foundation model project to release training data on AI Hub