AI & Enterprise

Small AI models near large-model performance as Dokpamo second evaluation nears

Small AI models that can be installed on PCs are evolving rapidly, raising attention over whether they can rival large models that run on high-capacity computers. Tech companies are releasing local-run models aimed at cost and privacy needs. The government is set to disclose second-round results for its independent AI foundation model project and narrow four teams to three. The article also lists recent moves by Korean and global companies on AI models, tools, pricing and partnerships.

Finance

July household loans rise 6.2 trillion won; growth slows for second month

Household loans across South Korea’s financial sector rose 6.2 trillion won in July from the previous month, marking a second straight slowdown in the pace of increase, the Financial Services Commission said. The rise was still larger than a year earlier and above past averages, regulators said, citing increased housing transactions in the Seoul metropolitan area. Authorities said they will maintain monitoring while adjusting aggregate lending targets to support end-user funding needs.