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AI & Enterprise

Cryptolab, KT to co-develop encrypted AI solution to automate medical insurance review

Cryptolab said on May 28 it signed a joint research and development agreement with KT to develop a medical multimodal agentic AI solution based on AI security technology. The companies aim to build a medical AI infrastructure that lets AI agents analyze and infer without exposing patient data externally by combining KT's security cloud infrastructure with Cryptolab's homomorphic encryption-based generative AI security middleware. They plan to develop a multimodal AI agent to support hospitals' pre-review of insurance claims.

Finance

Hana Bank to launch 60,000-account limited 'Korea Hurrah Savings' product

Hana Bank will launch the 'Korea Hurrah Savings' product on June 1 for people of national merit and uniformed personnel such as police and firefighters. The bank said it aims to provide financial benefits and convey appreciation. The product will be sold with a limit of 60,000 accounts and offers a preferential annual interest rate of 2.0 percent without additional conditions for eligible groups. General customers can also receive preferential rates based on specific criteria.

Industry

FuriosaAI to co-develop third-generation AI accelerator with Broadcom

FuriosaAI said on May 28 it has signed a strategic partnership with Broadcom to jointly develop a next-generation AI accelerator and inference platform. The companies plan to advance FuriosaAI’s Tensor Contraction Processor into a multi-die chiplet system and build an integrated infrastructure platform combining computing, networking and software. The collaboration is based on FuriosaAI’s second-generation RNGD accelerator, with third-generation samples planned for the first half of 2028.