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AI & Enterprise

KT Cloud launches cloud service targeting public institutions

KT Cloud said on June 29 it has completed a public cloud build applying its self-developed next-generation KT Cloud Platform. The company said the platform runs virtual servers and containers in one environment, using a Kubernetes-based OpenStack architecture for flexible deployment and operations. Public institutions can use linked multi-region and multi-AZ environments. KT Cloud said the setup supports disaster recovery and high availability requirements and also provides infrastructure for generative AI use.

AI & Enterprise

Science ministry launches POSTECH quantum global partnership lead center

South Korea has set up an international joint research hub for quantum technology at Pohang University of Science and Technology, the Ministry of Science and ICT said. The POSTECH Quantum Global Partnership Lead Center aims to develop large-scale quantum entanglement generation and control by linking different quantum platforms. The project runs from July 2025 to December 2029 with funding of 22.3 billion won. Researchers from domestic and overseas institutions attended the opening event.

People & Company News

iM Financial marks 15th anniversary with expanded inclusive finance, May coexistence campaign

iM Financial Group is running May as a \"Social Contribution Day\" month to expand community coexistence activities, it said on Thursday. The group said all employees took part in social contribution programmes tied to Family Month and its 15th anniversary. It funded support for vulnerable groups and carried out volunteer work at a child-care facility. It also provided financial education, supported youth transport costs, and backed senior welfare and housing energy-efficiency initiatives.