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AI & Enterprise
DeepSeek revenue already nearly 10 times last year; API gross margin 82.9 percent
Chinese AI startup DeepSeek posted revenue of 475 million yuan ($70.7 million) from January to July, nearly 10 times its full-year revenue in 2025, The Information reported. It recorded a net loss of 715 million yuan over the same period. The Information said DeepSeek is discussing a secondary funding round with existing and new investors, targeting 50 billion yuan at a valuation of 500 billion yuan.
AI & Enterprise
Palantir says 5 things matter more than models in AI security
Palantir’s product security team shared its experience adopting agentic AI for security work on a Medium blog. The team has used AI agents for about a year in tasks such as code review, vulnerability discovery and penetration testing, and is offering the know-how to customers under the name Security Forge. Palantir summarised five key points, including the need for a harness and organisational context, and said fixing vulnerabilities is now the bigger bottleneck.
Mobility
Waymo to launch first European robotaxi service in Munich in 2027
Waymo is pushing to launch a robotaxi service in Munich, aiming for a commercial ride-hailing rollout by late 2027. The company plans to map roads with human-driven cars, then conduct autonomous tests with safety operators before moving to driverless trials. Waymo said it is working with Germany’s Federal Motor Transport Authority and local authorities to secure permits and approvals. The move would be Waymo’s first entry into the EU.
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Finance
KOSPI rises for second day, recovers 6,800 level on institutional buying
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Games & Commerce
Kakao Games unveils 'God Save Birmingham' co-op mode at Gamescom
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AI & Enterprise
MSIT to launch National AI Service Innovation Task Force, seeks private-sector experts
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Industry
Samsung Display to supply two OLED panels for Genesis GV90
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Industry
LG Electronics launches monitor supporting native 1,000Hz at FHD resolution
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Crypto
Wemix finalises compensation for Wemix Dollar security incident, 500,000 WEMIX buyback
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Crypto
Crypto investor sentiment swings into 'extreme greed' for first time in two years
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Crypto
XRP turns weak after 50 percent surge as banks expand their own payment networks
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Crypto
World Liberty stablecoin USD1 issued natively on Canton, expanding institutional payments infrastructure
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Telecommunications & Media
Apple iOS 27 likely to launch in mid-September after iPhone 18 series unveiling
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Crypto
Bitcoin jump of more than 22 percent pushes market into 'extreme greed' after 616 days
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AI & Enterprise
AI upends consulting revenue model as outcome-based fees gain ground
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Crypto
Gold, bitcoin rise together as U.S. Treasury yields fall
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Games & Commerce
Kakao union formalises opposition to spin-off, seeks joint bargaining
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People
Postal worker finds burning truck during deliveries, saves driver