Search results for Gumi
AI & Enterprise
Samsung SDS says cloud is biggest share of IT services revenue, to invest 10 trillion won by 2031
Samsung SDS on Wednesday reported preliminary first-quarter revenue of 3.35 trillion won and operating profit of 78.3 billion won. Revenue fell 3.9 percent from a year earlier, while profit slid 70.8 percent after it booked a 112.0 billion won retirement benefit provision following a change in severance pay calculation standards. Cloud revenue rose 5.8 percent to 690.9 billion won, becoming the largest share within IT services.
AI & Enterprise
Samsung SDS to partner with KKR, pursue physical AI and stablecoin businesses
Samsung SDS will cooperate with global investment firm KKR to secure future growth drivers. The company approved the issuance of 1.2 trillion won ($820 million) in convertible bonds. It plans to expand investment in AI infrastructure and strengthen its AX business using the new funds and 6.4 trillion won in cash and cash equivalents. Samsung SDS also plans to pursue new businesses such as physical AI and stablecoins, as well as mergers and acquisitions.
AI & Enterprise
42Maru sets out vision for intelligent local government innovation based on agentic AI
Generative AI startup 42Maru presented a vision for intelligent local government innovation based on agentic AI at a “Good Morning Wednesday Special Lecture” held at Gumi City Hall on Feb. 25. Chief Executive Officer Kim Dong-hwan discussed “Local administration innovation through Agentic AI,” assessed the current state of public-sector AX in South Korea and shared directions that could be applied immediately in Gumi’s administration.
