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AI & Enterprise

SM Group adds KnowledgeCube\'s KCUBE ON after Google Workspace rollout

SM Group, which announced it would roll out Google Workspace companywide to pursue an AI transition from April, has additionally adopted KnowledgeCube’s KCUBE ON for Google Workspace to upgrade its groupwide work environment. The move aims to unify organization and account management previously scattered across affiliates and build an AI-based work platform combining Google collaboration tools with Korean-style organizational structure and work processes.

AI & Enterprise

Kuaishou AI video unit Kling raises $2 billion, valued at $18 billion

Kuaishou Technology\'s AI video subsidiary Kling has raised about $2 billion from investors, the Wall Street Journal reported on Thursday. The company said the total funding could increase to as much as $3 billion with additional investor participation. After the fundraising, Kuaishou\'s stake in Kling could fall to 68.33 percent. The investment lifts Kling\'s valuation to $18 billion, as Kuaishou pursues a restructuring.

Crypto

Coinbase joins OpenUSD, raising questions over Circle\'s position

Coinbase, a key partner behind Circle\'s USDC, has joined the founding camp of new stablecoin OpenUSD (OUSD), reports said. OpenUSD says it will charge no issuance or redemption fees and share much of reserve interest with distribution partners. Circle Chief Executive Jeremy Allaire defended USDC’s network effects and cited data on its on-chain volumes. Analysts flagged cold-start hurdles, consortium coordination and regulatory risks.