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AI & Enterprise

Korea Information Engineering partners with N-tels to supply Tarzan DB

Korea Information Engineering said on Aug. 3 it will work with N-tels to supply the Tarzan DB database in South Korea and provide technical support. The company said Tarzan DB is a PostgreSQL-based DBMS offering high availability, large-scale transaction processing and disaster recovery functions for enterprise environments. It said it will also provide database construction, performance optimisation and technical support services, and expand its customer base.

AI & Enterprise

Truth behind chip stock fall from China AI models

Chinese AI startups are stepping up challenges to OpenAI and Anthropic, with models such as DeepSeek V4, Z.ai’s GLM 5.2 and Moonshot AI’s upcoming open-source Kimi K3 drawing attention. The Kimi K3 announcement coincided with sharp falls in U.S.-listed chip and AI infrastructure-related shares, including Nvidia and Micron. The moves have fuelled questions over whether demand for expensive AI hardware will meet expectations as efficient, open-source Chinese models gain share.

AI & Enterprise

Hana Financial launches \'Cheongna era\' as 4,000 staff gather at new headquarters

Hana Financial Group is set to begin a full-scale move to its newly completed Cheongna Group Headquarters in Incheon’s Cheongna International City, starting a so-called “Cheongna era.” The group said it will begin placing about 2,200 employees from 10 affiliates from September, with total financial staff in Cheongna expected to reach about 4,000 including existing personnel. The move is the final step of its Hana Dream Town project begun in 2012.