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AI & Enterprise
ESTsoft expands PersoAI global business with KMonster Group
ESTsoft said on Thursday it signed a memorandum of understanding with global marketing and sales firm KMonster Group to expand its AI avatar service PersoAI. The companies plan to combine ESTsoft's AI technology with KMonster Group's sales and marketing capabilities to identify new customers and business opportunities at home and abroad. They will also cooperate on marketing to potential clients, analysing customer requirements and market information, and participating in exhibitions and seminars.
AI & Enterprise
Twelve Labs' Marengo video model supports Amazon Bedrock managed knowledge base
Twelve Labs, a multimodal video understanding AI company, said on Sept. 11 it will provide its Marengo video embedding and search model through Amazon Bedrock Managed Knowledge Base. The managed knowledge base is an AWS service that handles data collection, indexing and search so AI can find and use a company’s data. Twelve Labs said Marengo is the first video model listed, enabling customers to search for desired scenes in their own videos using sentences without building a separate search system.
Industry
U.S. midterm election nears as Korean battery makers face crossroads over AMPC tax credit defence line
With the Nov. 3 U.S. midterm election approaching, Korean battery makers face renewed political bargaining over tax credits. EV purchase subsidies have already been abolished, while the advanced manufacturing production credit, or AMPC, has been defended at a 25 percent credit through 2032. Companies with large North American bases are reshaping operations to withstand policy shifts, including moving from joint ventures to wholly owned plants and shifting production toward energy storage systems.
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Telecommunications & Media
Talks on amending Korea information network act to target AI character chats take shape
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AI & Enterprise
AI era pushes security firms into governance and cost control
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AI & Enterprise
Nvidia CEO dismisses AI risk talk as fear marketing to sell security products
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AI & Enterprise
AI spread drives surge in public service submissions in U.S. and UK
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AI & Enterprise
Miro sold for $1.36 billion after once being valued at more than $17.5 billion
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AI & Enterprise
OpenAI halts new Pro subscriptions amid surge in Astra demand
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Crypto
Nasdaq to invest $100 million in Kraken parent Payward, eyes tokenised stock trading in 2027
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AI & Enterprise
OpenAI unveils GPT-6 Astra-based ChatGPT for Financial Services targeting Wall Street junior bankers
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Telecommunications & Media
Apple's 'Duo' is not the first as company makes choice shaped by Microsoft's failure
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Crypto
Coinbase CEO says bitcoin has passed its low, sees $400,000 by 2030
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Crypto
Satoshi identity, lost 8,000 bitcoin: 10 of crypto market's biggest mysteries
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AI & Enterprise
Zeiss overhauls SAP cloud ERP migration plan, shifts from greenfield to brownfield
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Industry
South Korea set to unveil plan to invest in up to eight U.S. nuclear reactors to meet AI power demand
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Industry
U.S. automakers fall silent on EVs as China rolls out new models
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Crypto
Would a bank charter make crypto safer? Two sides of U.S. federal trust bank approval