Elice Group, a full-stack AI company, is pursuing an initial public offering to expand into the global AI infrastructure market with what it calls a Korean-style neo-cloud. It plans to convert 130 MW of secured power capacity into AI computing resources by building modular AI data centres in regions with spare electricity and boosting GPU utilisation with its own software. The company also aims to sell domestic AI computing resources to overseas customers and target a KOSDAQ listing in October.

French bitcoin treasury company Capital B increased its bitcoin holdings by 12 percent in three weeks, but its diluted satoshis per share were virtually unchanged as its share count expanded by a similar rate. The company raised funds through shares with attached warrants and also uses bitcoin-linked convertible bonds. A 10-for-1 reverse split effective Sept. 8 could further distort per-share metrics. Capital B adopted a bitcoin strategy in November 2024 and reported losses tied largely to bitcoin impairments.