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AI & Enterprise

MSIT to work with AMD on AI chips, help Korean NPUs expand globally

South Korea\'s Ministry of Science and ICT will cooperate with AMD to expand the domestic AI semiconductor ecosystem, including linking AMD CPUs and GPUs with Korean NPUs to build and test heterogeneous AI computing infrastructure. The ministry said it signed an MOU with AMD in San Francisco. The sides also plan cooperation in AI-based scientific research through NAIS. AMD plans to set up an AI Center of Excellence in South Korea and support university programs and joint research.

AI & Enterprise

DeepSeek halts second fundraising after leak of founder\'s private remarks

China AI company DeepSeek has temporarily halted its second fundraising round after private remarks by founder Liang Wenfeng spread outside the company. The firm told some investors it would not proceed with contract signings for the time being, a blockchain outlet reported. DeepSeek had moved to a follow-on round only weeks after completing a first raise in June, seeking at least 10 billion yuan and valuing the company at at least 480 billion yuan.

Finance

KB Financial to expand investment in advanced industries with 150 billion won unicorn fund

KB Financial Group is expanding financial support for advanced strategic industries including semiconductors, physical AI and AI data centres. It plans to shift corporate credit reviews away from past financial results toward assessments of technology and growth potential. The group also plans to form a 150 billion won fund to nurture unicorns, fully funded by KB affiliates and managed by KB Securities, to invest in AI, semiconductors and other sectors.