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Games & Commerce

Naver secures Inspire Arena naming rights, to rebrand as Naver Arena from December

Naver has signed a naming-rights contract with Inspire Resort and will change the official name of Inspire Arena to Naver Arena at Inspire from December. Naver said the agreement takes effect in December and will run for three years, but it did not disclose the contract value. The partners plan to broaden cooperation from performances to on-site services and technology, including N Pay services and Naver Labs digital-twin-based AR navigation.

Telecommunications & Media

LG Uplus launches U+tv Today Life to check weather, news and financial information

LG Uplus said on Oct. 26 it will introduce U+tv Today Life, an AI-powered service that provides daily information such as weather, news and finance. The service is a living-information dashboard that appears with live broadcasts when the TV is turned on and can be used with a TV and remote without installing an app or signing up. It offers weather forecasts, headlines, market indices and local information, with additional features such as linking Google Photos.

AI & Enterprise

Utopai raises $60 million at $1 billion valuation, plans three feature-length AI films in theaters next year

AI film startup Utopai Studio has raised $60 million at a $1 billion valuation. A source close to the company said it has also received follow-on investment offers valuing it at $2 billion to $3 billion. Utopai is working on about 20 AI video projects, including two TV series and three feature-length films set for theatrical release next year, with plans to open in about 3,000 North American theaters.