Search results for Korea Zinc
Finance
KOSPI breaks through 7,000 for first time as market cap tops 6,000 trillion won
South Korea\'s benchmark KOSPI broke above 7,000 for the first time on Tuesday, and the market value of stocks listed on the main bourse topped 6,000 trillion won for the first time. At 9:56 a.m., KOSPI-listed shares were valued at 6,014.3 trillion won, about three months after first surpassing 5,000 trillion won. The rally was led by big semiconductor stocks including Samsung Electronics and SK Hynix.
AI & Enterprise
OpenAI and Anthropic competition spills into IPO push as profitability race heats up
Competition between OpenAI and Anthropic is moving to plans for initial public offerings, with both companies reported to be preparing for IPOs as early as the fourth quarter. A listing could force greater attention on revenue and profit after years of heavy spending. The article also rounds up moves across the AI sector, including new products from OpenAI and Anthropic, model and tool releases from Microsoft, AWS and Google, and developments by Meta, Cursor and South Korean firms.
AI & Enterprise
Samsung SDS signs ChatGPT Enterprise supply deals with Korea Zinc and others
Samsung SDS said on March 5 it signed contracts to supply ChatGPT Enterprise to Korea Zinc, Icraft and TmaxSoft. The company said it has secured more than 10 customers across industries including public, finance, manufacturing, distribution and services, including Sectanaine and Hana Tour signed in January. Korea Zinc said it aims to strengthen protection of key internal information and build AI capabilities. Samsung SDS said it provides end-to-end AX support and a bootcamp program.