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AI & Enterprise
Upstage raises 180 billion won in first close of Series C round
Upstage said on April 15 it has completed the first close of a Series C funding round totaling 180 billion won. The fundraising valued the company at more than 1 trillion won. Silicon Valley-based venture capital firm Sages Partners joined as the lead investor, while Premier Partners, Shinhan Venture Investment, Mirae Asset Venture Investment, KB Securities and InterVest participated as follow-on investors. Axiom Asia, Hyundai Motor and Kia, and Woori Venture Partners joined as new investors.
Industry
Nvidia to build orbital data centres based on physical AI
Nvidia will unveil at GTC 2026 a Physical AI full-stack strategy spanning industrial automation, autonomous driving, edge computing and space. It introduced a Physical AI Data Factory Blueprint built on the Cosmos world model and Osmo orchestrator to link data generation, simulation, evaluation and deployment. Microsoft Azure and Nebius are first cloud adopters. Nvidia also announced robotics and autonomous driving software updates and a space-optimised Vera Rubin Space Module aimed at real-time orbital operations.
Crypto
Polymarket faces insider trading controversy after $1 million profit on Iran strike bet
Six traders on prediction-market platform Polymarket made about $1 million by betting the United States would strike Iran by late February, sparking an insider-trading controversy, Cointelegraph reported. Bubblemaps said the traders created new wallets in February and focused activity on strike-timing contracts. More than $529 million was wagered on related contracts. U.S. Representative Ritchie Torres is preparing legislation to curb insider trading in prediction markets.