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AI & Enterprise

K-AI Partnership launches to mobilise private sector capabilities

A private-sector artificial intelligence alliance has launched in South Korea, aiming to become a collaboration platform to create new business opportunities and new global markets in the AI era. The Ministry of Science and ICT and the Korea AI & Software Industry Association held the launch ceremony for the K-AI Partnership in Seoul on April 28. About 150 companies and institutions, including AI developers and suppliers and demand firms in manufacturing and finance, are participating.

Crypto

Galaxy Digital CEO says U.S. CLARITY Act likely to pass by June

U.S. cryptocurrency regulation bill CLARITY could become law as early as June, Galaxy Digital CEO Mike Novogratz said. He said the bill may be finalized in May and move to a signing stage in June. The measure sets standards for digital assets, creating a national regulatory framework and dividing oversight by classifying some assets as securities and others as commodities. The process has slowed in the Senate amid stablecoin provisions and bank concerns.

AI & Enterprise

SparkLabs launches Spark Claw program to back solo AI-native founders

Startup accelerator SparkLabs said on April 28 it will launch Spark Claw, an accelerating programme for solo AI founders and small teams. The programme aims to find and nurture “AI-native” entrepreneurs who use AI as a practical team member, not just a tool. The company said the move marks its first expansion of its investment philosophy into solo-founder investing. Selected founders can receive up to 100 million won in initial investment after a bootcamp and final review.