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AI & Enterprise

AI lowers barriers to startups; founders weigh how to grow amid fierce competition

Advances in AI coding tools have lowered barriers to starting a business, but intensified competition is deepening founders’ 고민 about survival, speakers said at a startup event in Seoul. Acros CEO Lee Jae-hong cited capital strength, arguing the fight has shifted to sales and marketing and could become a price war. GGUI CEO Lim Wan-seop said he is focusing on hard-to-copy technology. Elyn CEO Park Jung-hwan stressed product differentiation. Hashed and OpenAI outlined support programs.

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GPJ appoints Rich Jee as vice president and Korea country head

Experience marketing agency George P. Johnson (GPJ) has appointed Rich Jee as vice president and Korea country head, the company said on Wednesday. Jee has more than 20 years of sales and marketing experience across technology, retail, FMCG and professional services. Most recently, he served as CMO for AWS Korea and as a global programme leader for the Asia Pacific and Japan region. He previously held marketing and sales roles at Intel Korea, Tesco dunnhumby, Dell Computer Korea, Samjong KPMG and Kellogg Korea.

AI & Enterprise

AI slowdown calls clash with $800 billion infrastructure bets, raising fears for U.S. economy

Calls to slow U.S. artificial intelligence development are colliding with expectations of a surge in investment, drawing attention to how an AI slowdown could affect the broader economy. U.S. hyperscalers are forecast to spend $800 billion on AI infrastructure this year, while proposals range from pacing frontier-model development to halting advanced AI until federal rules are set. Markets are also watching how any pullback in AI investment could ripple through growth, stocks and credit.