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AI & Enterprise

Anthropic Seoul office faces early test as export controls seen easing within days

Anthropic has opened a Seoul office, launching as U.S. government AI export controls put its coordination with South Korea to an early test. Executive Chris Chaoui said he did not think the controls would remain and expected the issue to be resolved within days. The firm said access work for South Korean companies and institutions linked to a cybersecurity project was halted. The office will focus on enterprise sales and partnerships.

AI & Enterprise

Upstage CEO Kim Sung-hoon says Fable5 foreign access ban highlights need for Korean sovereign AI

Upstage, a South Korean AI startup, said it aims to compete in global technology rivalry with sovereign AI. CEO Kim Sung-hoon said AI has become a national strategic asset and countries can cut off access. He cited a recent U.S. move to block foreigners from accessing Anthropic’s Fable5 and Mythos5. Upstage said its open-source Solar Open2 preview scored 44.4 on AAII 4.0 and is comparable to leading models.

Finance

K Bank to list on KOSPI in March to expand from SMEs to digital assets

K Bank plans to use its IPO to accelerate expansion into the SME market, broaden platform businesses and strengthen competitiveness in digital assets. It aims to diversify earnings by balancing household and SME lending by 2030, while upgrading credit models and expanding SME products. The lender is also focusing on stablecoin-based remittance and payment infrastructure and plans further investment in AI, its app and information security.