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AI & Enterprise

BCG AI Maturity Matrix 2026 puts South Korea in top AI pioneers group

Boston Consulting Group released its AI Maturity Matrix 2026 report analysing AI maturity across more than 75 economies and said South Korea entered the top “AI Pioneers” group alongside the United States, China, Britain, Singapore and Canada. The report said South Korea and Japan newly joined the group since the first survey in 2024. BCG cited South Korea’s AI model development and public investment in computing infrastructure and the AI ecosystem.

Mobility

Toyota to produce next-generation Corolla in China from 2028, including EV

Toyota plans to produce an all-electric version of its Corolla from 2028 in China, using a platform that supports EV, hybrid and internal combustion powertrains. Production will be carried out through FAW Toyota, its joint venture with state-owned automaker FAW Group. The next Corolla lineup is expected to include an EV, plug-in hybrid, hybrid and gasoline versions. Toyota also plans to produce next-generation Lexus EVs in China from 2027.

Industry

JPMorgan deploys $5 billion into U.S. defence industry, bets on robot factory and hypersonic missiles

JPMorgan Chase has deployed $5 billion a year after launching a startup investment programme aimed at strengthening U.S. security and industrial supply chains. The bank reached half of its planned $10 billion investment over 10 years in the first year and left open the possibility of expanding the amount. The programme targets defence, advanced manufacturing and key supply chains, and is also widening to advanced technology, pharmaceuticals and health tech.