Search results for K
AI & Enterprise
K-Moonshot project stumbles at start as AI scientist program director offers to resign
South Korea\'s K-Moonshot project, aimed at applying AI to science and technology to solve national challenges, faces an early setback after a mission program director offered to resign. The science ministry said the resignation came for personal reasons and is expected to be accepted after the deputy prime minister returns from an overseas trip. The ministry plans to proceed without recruiting a successor and has outlined governance and conflict-of-interest controls for program directors.
Industry
South Korea to spend 49.5 billion won on AI-native autonomous bio labs
South Korea\'s Ministry of Science and ICT held a launch briefing on June 12 for a project to build AI-native autonomous laboratories for advanced bio research. The ministry plans to invest 49.5 billion won from 2026 to 2028 to establish 1 general-purpose autonomous lab and 5 specialised labs. The project aims to ease bottlenecks in bio R&D, promote lab-level AI transformation and create a closed-loop environment.
Finance
SpaceX confirms IPO to raise more than 100 trillion won, contrasting with Korea\'s big-deal drought
SpaceX is proceeding with a Nasdaq listing and confirmed an offering of 555,555,555 common shares at $135 each, implying about $75 billion in proceeds, with potential upside if an overallotment option is exercised. In South Korea, the IPO market remains subdued despite a strong stock market. New listings and fundraising are limited, with a shortage of large deals and weak post-listing share performance weighing on sentiment.
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AI & Enterprise
National AI Strategy Committee AI Democracy subcommittee to join Korean Party Academic Society conference on June 12
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Finance
K Bank offers 0.3 percentage point preferential rate on Plus Box
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Finance
Hana Financial Group to back industrial park tenants with 50 billion won new growth fund
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People & Appointments
Vice PM Bae holds talks in Belgium with EU on AI, science and technology cooperation
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Telecommunications & Media
MSIT and Broadcast Media Commission launch AI and media policy council
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Telecommunications & Media
Netflix to launch vertical mobile \'Clips\' feed in South Korea next month
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AI & Enterprise
MSIT selects 15 ICT future unicorns to support overseas expansion and funding
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Telecommunications & Media
Broadcast Media Telecommunications Committee pitches K-content at Busan Content Market, targets Asian investors
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AI & Enterprise
Real-time data replication demand to grow with AI and disaster recovery, Xlog CEO says
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Crypto
KT to offer integrated finance and telecom services for Mongolians entering South Korea
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Crypto
Strive buys 32 more bitcoins, taking holdings to 19,032 BTC
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Crypto
Strategy holds 4% of bitcoin\'s total supply, even small sales jolt market
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Telecommunications & Media
Dlive to develop Gwangjang Market into \'K-food\' mecca, build local coexistence model
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Games & Commerce
Jensen Huang calls Naver a global AI developer, expands AI cloud and robotics cooperation
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Telecommunications & Media
Korea media watchdog orders removal, blocking of 1,081 suggestive adult webtoon ads