| Mobile Web

All articles List

Industry

HiteJinro expands beyond core soju and beer under Jang In-seop

HiteJinro is expanding its portfolio under new CEO Jang In-seop, moving beyond its core soju and beer business into flavored soju and non-alcohol products. It launched "Ddujjongku Hyang Aisul" and applied for a "Terra Zero" trademark that includes non-alcohol beer categories. The company also refreshed Jinro and cut its alcohol content to 15.7 degrees. HiteJinro maintains stable sales centered on soju, but it is pursuing broader strategies as the domestic market slows and global ambitions grow.

AI & Enterprise

OpenAI and Anthropic competition spills into IPO push as profitability race heats up

Competition between OpenAI and Anthropic is moving to plans for initial public offerings, with both companies reported to be preparing for IPOs as early as the fourth quarter. A listing could force greater attention on revenue and profit after years of heavy spending. The article also rounds up moves across the AI sector, including new products from OpenAI and Anthropic, model and tool releases from Microsoft, AWS and Google, and developments by Meta, Cursor and South Korean firms.

AI & Enterprise

OpenAI, Anthropic race to list first, aiming for IPO within this year

OpenAI is speeding up preparations for an initial public offering, aiming for the fourth quarter of this year. The Wall Street Journal reported it appears to be moving up its schedule in light of rival Anthropic’s listing push, with the first to list likely to attract many public-market investors, including retail. OpenAI is holding informal talks with Wall Street banks and strengthening its finance team. It has also hired law firms for IPO preparations.