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Finance
Small merchants' Q1 sales and profit fall; loan delinquencies rise again
South Korean small merchants' sales and profit both fell in the first quarter from the previous quarter, reflecting seasonal effects after year-end demand faded, Korea Credit Data said. Average sales per store rose from a year earlier but dropped sharply quarter on quarter, while profit and profit margin also declined. Delinquent loan amounts for sole proprietors increased again after falling, with relatively high delinquency shares at savings banks and mutual finance lenders.
Games & Commerce
Cafe24 launches LLM Router to combine 120 AI models into one
Cafe24 launched LLM Router, a service designed to address the challenges of operating dispersed AI models through a single infrastructure. The company said the product enables integrated operation of more than 120 AI models, including ChatGPT, Claude and Gemini, through a single application programming interface. The service automatically selects, distributes and switches models based on user requests. It also offers automatic fallback, real-time dashboards and a bring-your-own-key mode, and runs on a credit-based pay-as-you-go system.
AI & Enterprise
Five Eyes warn disruptive AI cyber attacks could become reality within months
The Five Eyes signals intelligence alliance of Australia, the United States, Britain, New Zealand and Canada has warned that disruptive AI-driven cyber attacks targeting governments and businesses could become reality within months, The Guardian reported. In a joint statement, the agencies said AI may improve cyber defence over time but is also accelerating the speed, scale and sophistication of threats. They said frontier AI models could fundamentally change cyber capabilities sooner than expected.
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Finance
Shinhan Venture Investment to cooperate with SBI Group on Korea-Japan startup investment
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Fintech
Hana Financial Group to support employment links for people with disabilities and borderline intellectual functioning
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Games & Commerce
Nexon launches 250 billion won public-private fund to nurture early-stage game startups
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AI & Enterprise
Nvidia unveils 'Halo' safety system for humanoid robots
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Industry
Nikkei breaks 72,000 for first time as Japan AI bet lifts semiconductor, robot stocks
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Finance
KOSPI nears 10,000 but won at IMF-era levels as semiconductor dollars stay abroad
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Crypto
Dogecoin layer2 shutdown warning raises risk millions of DOGE could be locked up
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Crypto
Bitcoin holds near $64,000 as ETF outflows and options expiry cloud direction
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Crypto
Vitalik Buterin challenges AI to find my secret document
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AI & Enterprise
South Korea discusses AI, quantum cooperation at Korea-Canada science conference
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AI & Enterprise
Nota, LG CNS sign MOU to commercialise AI-based intelligent transport systems
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AI & Enterprise
Dell Technologies unveils next-generation supercomputer server targeting HPC and AI, expands Dell AI Factory
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Crypto
STRC price drop spurs TerraUSD comparisons; Benchmark says approach is wrong
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AI & Enterprise
Hancom Lifecare strikes series of partnerships with French defense and robotics firms
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Finance
SpaceX shares down more than 30 percent from peak