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AI & Enterprise
MSIT launches 2026 Data+AI Innovation Challenge, integrating four categories
South Korea's Ministry of Science and ICT launched the 2026 Data+AI Innovation Challenge, integrating previously separate data and AI competitions, and began recruiting participants for the first category. Applications run from May 13 to July 30. The challenge comprises four categories: the Data+AI Creator Camp, Data Safe Zone, Data Problem Solving and Big Contest. The remaining three categories will start sequentially from Sept. 1.
AI & Enterprise
MSIT to recruit 300 mentees for Open Source Contribution Academy
South Korea's Ministry of Science and ICT will recruit mentees for the 2026 Open Source Contribution Academy from May 12 to June 14, it said. The practice-focused programme allows participants to contribute to real projects under guidance from leader-level developers. Applicants include students and developers with basic software development skills. Selected mentees will receive about 13 weeks of online and offline mentoring across 11 projects.
Telecommunications & Media
Stage Five backs SYS AI Foundation to help train global AI talent
Stage Five will support the SYS AI Foundation to foster the next generation of global artificial intelligence talent. The move follows a decision by the company’s ESG committee, which highlighted the need for practice-ready AI workers. The nonprofit foundation was set up by Google engineers and systems software scholars from Seoul National University and KAIST. It offers training in core AI technologies and a practical curriculum, along with mentoring and networking.
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Finance
IBK chief Jang Min-young says inclusive finance needs lifecycle support, not just low-rate loans
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Finance
Toss Place, Korea Credit Card Inquiry Terminal Association team up to improve payment environment for small merchants
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AI & Enterprise
Mentat raises 1.1 billion won seed funding for lawyer AI legal drafting tool
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Crypto
Ripple Prime CEO says XRP to be used as institutional finance infrastructure alongside bitcoin
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Telecommunications & Media
Apple rolls out iOS 26.5, adding end-to-end encrypted RCS messaging and Maps recommendations
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Crypto
XRP rally near as technical indicators target $2.05
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Mobility
Kia's Vision Meta Tourismo electric sports concept nears production, with cost the final variable
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Crypto
XRP breaks $1.45 resistance, outpaces bitcoin and ether gains
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Industry
SoftBank to launch gigawatt-scale battery business with South Korean firm in AI-era power bet
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Crypto
Ethereum futures indicators improve but lack momentum; spot flows to decide retest of $2,450
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AI & Enterprise
Douzone Bizon holds nationwide roadshow seminars to prepare for IFRS 18
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Games & Commerce
Sony PS5 sales plunge 46 percent, raising concerns for game business growth
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Crypto
Ethereum Foundation moves 31,000 ETH in two weeks, raising questions over staking stance
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AI & Enterprise
AI demand squeezes PC components market, motherboard sales set for record slump
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Industry
OnRitual to unveil 'eat, apply and attach' K-beauty routine in Shanghai