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AI & Enterprise

AI price war intensifies as open-source AI becomes global mainstream

Price competition among AI companies is intensifying as Chinese firms expand global share with cost-effective open-source models and leading U.S. companies respond with price cuts. DeepSeek’s new coding model V4 Flash drew attention for performance close to Anthropic’s Claude Opus 4.8 at a far lower price. Interest is also rising in open-weight models, including for video generation. In South Korea, companies are moving ahead of an August evaluation for a government-led foundation model project.

Crypto

Bitcoin enters volatile August after July rebound, faces 'August curse'

Bitcoin has entered August trading after rebounding in July, with market attention on whether it can defy the so-called “August curse.” U.Today said bitcoin’s average August return since 2013 is slightly above 1 percent, but the median is negative, with most years ending in losses. It cited recent August declines in 2022 and 2023. The outlet flagged liquidity, technical resistance levels and a potential U.S. vote on the Clarity Act as key factors.

Telecommunications & Media

KT revamps official online store as KT Direct Shop

KT said on Saturday it has rebranded its official online store from KT Shop to KT Direct Shop and will run promotions. The company said KT Direct Shop is an online store operated directly by KT headquarters. It said the renewal aims to clarify its identity as an official directly operated online store and improve the user environment so customers can more easily check online-only benefits. It is launching a Galaxy Z series pre-order promotion.