Search results for Dongkuk Steel
AI & Enterprise
Hana Bank, Hana Card to pursue financial support for 3,000 Dongkuk Steel buyers
Hana Bank and Hana Card will introduce a financial service on Dongkuk Steel\'s steel trading platform that combines corporate loans with card payments. The service is designed to let small and midsize companies buying steel borrow purchase funds and make payments without separately logging into a bank. The programme will cover about 3,000 partner firms using Dongkuk Steel\'s online direct trading platform SteelShop. The companies aim to launch the service in the fourth quarter.
AI & Enterprise
Chinese AI firms step up push as Korea sovereign foundation model drive enters new phase
Chinese tech firms are accelerating expansion in the AI market, with Baidu’s Ernie Assistant topping 200 million monthly active users and Kuaishou’s Kling AI reporting 12 million users and more than $20 million in monthly revenue. Alibaba unveiled a major update to its Qwen app. Startups also pressed ahead, including DeepSeek and Moonshot AI. In South Korea, a government-led foundation model project advanced three teams to the next stage and plans an additional selection.
AI & Enterprise
Psionic AI partners with Dongkuk Systems to expand enterprise AI business
Enterprise generative AI solutions company Psionic AI said on Thursday it has signed a strategic partnership with Dongkuk Systems, a B2B IT services specialist in the Dongkuk Steel Group. Under the partnership, Psionic AI plans to supply its STORM enterprise generative AI platform to Dongkuk Systems’ customer companies across industries, including public and defense, finance and manufacturing. Executives from both companies said they expect the collaboration to support digital transformation and deliver productivity gains and cost reductions.