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AI & Enterprise
MSIT to overhaul AI Hub to cut duplication, improve quality of public AI training data
South Korea\'s Ministry of Science and ICT will build a government-wide integrated management system to address duplicated construction and weak quality control of public-sector AI training data. The ministry will overhaul the current AI Hub into an integrated provision system so public institutions can check in advance whether planned datasets overlap with existing ones. It will also introduce pilot operations this year and distribute quality and build-use guides to ministries, local governments and public bodies.
Crypto
XRP Ledger shifts focus from payments to stablecoin infrastructure
An assessment has emerged that XRP Ledger (XRPL) is shifting its center of gravity from a payments-focused blockchain to a stablecoin trading network. Jim Faraioli, head of crypto research at U.S. securities firm Charles Schwab, said major blockchains are becoming specialized as the crypto industry reshapes. He cited RLUSD supply data showing XRPL’s RLUSD supply in June slightly exceeded Ethereum’s, supporting the view of a stablecoin-centered evolution.
AI & Enterprise
Samsung SDS AI collaboration tool Brity Works adopted by nine central government ministries
Samsung SDS said on Aug. 13 that nine central government ministries, including the Ministry of Patriots and Veterans Affairs, the Ministry of Trade, Industry and Energy, the Ministry of Employment and Labor, the Financial Services Commission and the Overseas Koreans Agency, will adopt its AI collaboration solution Brity Works. The ministries are set to start the service sequentially by August. Samsung SDS provides Brity Works as the official collaboration tool for the government’s OnAI platform.
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Crypto
Bitwise to cut workforce by 14 percent as crypto slump hits ETF firms
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Crypto
Ripple extends NYU Abu Dhabi research partnership until 2027 to train blockchain talent in Middle East
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Crypto
U.S. OCC reaffirms push to expand new bank charters, quickening crypto firms\' entry
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AI & Enterprise
Rockwell Automation Korea appoints Kim Nak-hyun as new president
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Games & Commerce
Kakao expands membership benefits for small merchants with food ingredients and cleaning partnerships
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AI & Enterprise
Genians named KOSDAQ Rising Star for fourth straight year
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Crypto
AI lowers barrier to hacking, crypto industry urges opening latest models to bitcoin developers
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Industry
AI data centre-driven power semiconductor market enters new phase as 8-inch SiC shift accelerates
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Crypto
Clarity bill pushed to September as bitcoin sets August high
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Telecommunications & Media
South Korea to loosen broadcast and OTT ad rules, expand mid-roll ads from October
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AI & Enterprise
Google unveils SL2T AI model that understands sign language, first applied to Pixel 11
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AI & Enterprise
South Korea to launch seven SEED projects to foster SMRs, quantum and space
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Crypto
Kazakhstan to exempt personal crypto trading gains from income tax for 3 years
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Finance
Five major brokerages post 58.5 trillion won Q2 operating profit on surging trading
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AI & Enterprise
MSIT opens AI-SW Maestro Busan centre