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AI & Enterprise
RLWRLD partners with three South Korean robotics, simulation firms on physical AI
Physical AI company RLWRLD said on Thursday it signed separate MOUs with three South Korean robotics and simulation startups - PhysicsSimLab, Space AI and NdotLight. RLWRLD plans to upgrade DexBench, an open-source benchmark being developed with Nvidia to assess whether robots can perform complex tasks using their hands in industrial settings. NdotLight will build simulation assets, PhysicsSimLab will create a digital twin environment, and Space AI will develop tracks for deformable or fragile objects.
Finance
Kiwoom Securities Q2 operating profit up 93 percent to 789 billion won
Kiwoom Securities posted stronger-than-expected results for the second quarter, helped by rising trading value in the domestic stock market and solid performance in its sales and trading business. The firm reported operating profit of 789 billion won, up 93.2 percent from a year earlier, and revenue of 16.07 trillion won, up 256.7 percent. Net profit rose 119.4 percent to 681 billion won.
Mobility
Mobility industry speeds up autonomous driving with proven data as a weapon
South Korea\'s mobility platform industry is expanding into autonomous driving by using data gathered from its own services as AI training assets. Socar plans to set up a standalone unit for autonomous driving services, with Krafton joining as a strategic investor. Kakao Mobility has declared a shift into a physical AI company and outlined technology plans based on Kakao T data. Autonomous A2Z is building mass-production systems through deals with automakers and parts makers.