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AI & Enterprise

AVEVA appoints Park Ki-beom as head of South Korea unit

Industrial software firm AVEVA said on Monday it appointed Park Ki-beom as head of its South Korea unit. Park will oversee the company’s local business, including strategy development and execution. The company said he joined AVEVA in November 2024 as sales director for semiconductors and high-tech, expanded customer and executive networks, and won large projects. From April 2025, he led sales across additional industries.

AI & Enterprise

Neocloud market shifts as SoftBank and Meta enter

The neocloud market for AI-focused cloud computing is shifting as major players enter. SoftBank Group and its telecom unit SoftBank plan to start a neocloud business next fiscal year, renting AI computing resources to U.S. companies. Meta is also stepping up plans to use its data centres for cloud services. Nvidia is expanding support for smaller cloud firms that lease its GPUs. Big cloud companies are also building forward deployed engineer teams for enterprise AI.

AI & Enterprise

Physical AI firm Carbonsix raises $40 million in Series A funding

Carbonsix, a physical AI company targeting manufacturers, said on Wednesday it raised $40 million (60 billion won) in a Series A round from Korean and U.S. venture capital firms including DSC Investment, LB Investment, IMM, KDB, SV Investment, Cortentia and A Squared. The company develops robot AI products and automation technology that can be deployed directly at manufacturing sites. It said its approach builds a data flywheel through tool use, data accumulation and model improvement.