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Finance
Toss overhauls official website, rebuilds about 70 pages
Viva Republica, operator of South Korean fintech app Toss, has overhauled its official website to reflect how its services have expanded from money transfers to stocks and shopping. Toss said it rebuilt about 70 pages and structured the past 10 years of expansion into a single story linking transfers, asset management, investment, shopping and "App in Toss". The revamp also uses AI and 3D technology, adds a newsroom, and plans an English site.
Industry
Dinotisia joins Kolon Benit AI alliance to expand industry-specific AI deployments
Dinotisia said on Aug. 18 it will join Kolon Benit’s AI alliance and expand tailored AI projects by industry. The company plans to build on its AI deployment experience in accounting and legal services, aerospace and defence, and automotive manufacturing. Kolon Benit’s AI alliance, launched in June 2024, has about 100 AI technology and solution companies participating. Dinotisia said it has technologies needed for enterprise AI deployments.
AI & Enterprise
KAIST hosts Discovery Loop's Jeff Dean, says human-AI collaboration delivers better results
Korea Advanced Institute of Science and Technology (KAIST) said it held a special lecture at the Seoul AI Hub on Aug. 13 with Jeff Dean of Discovery Loop, co-founder and CEO, co-hosted with a national AI research hub. Dean introduced AI’s development over the past 15 years and future research directions, saying more computing, data and larger models improved performance. He said human-AI collaboration can achieve better results than either alone.
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AI & Enterprise
KT accelerates AI-based distribution AX with NongHyup Agri Holdings and Microsoft
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Industry
ASICLand posts 5 billion won first-half operating profit, returns to profit
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Games & Commerce
Cafe24 sees data as core of its AI shopping mall vision
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Finance
Four major banks offer financial aid for southern region flood victims, loans up to 500 million won
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Industry
Mplus first-half net profit 15.4 billion won, up 51.9 percent
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AI & Enterprise
OpenAI to lease 10-GW Ohio data centre for 20 years; Nvidia to guarantee up to $105 billion in rent
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Crypto
Bitcoin spot ETFs see $385 million outflow but bitcoin holds $64,000 level
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Crypto
Five factors for bitcoin this week, from Fed minutes to Bank of Japan and whale inflows
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Crypto
Strategy raises cash by selling common stock; bitcoin holdings unchanged
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AI & Enterprise
Anthropic annualised revenue soars sevenfold to $65 billion, overtakes OpenAI
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Telecommunications & Media
LG Uplus adds Live TV+ to new Mercedes-Benz S-Class in South Korea
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Finance
Household loan cap raised to 3 percent; scraping to be phased down
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Telecommunications & Media
Tech platforms step up cleanup as AI spam 'slop' floods internet
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Industry
Global regulation outpaces plant buildout, speeding up Korean anode materials shift
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Crypto
Won stablecoin pilots enter proof stage as industry tie-ups accelerate