Search results for L2
Mobility
Socar to set up autonomous driving unit led by CEO Park Jae-wook
Socar will set up an independent company dedicated to autonomous driving services in May, the firm said on Wednesday. It will spin off a unit aimed at commercialising autonomous driving based on its car-sharing platform capabilities, with an investment size of 150 billion won. CEO Park Jae-wook, who has led the new autonomous driving business since January, will also serve as head of the new entity. Krafton will join as a strategic investor.
AI & Enterprise
Handreamnet showcases AI network infrastructure at Japan IT Week 2026
Network security solutions company Handreamnet said on April 13 it took part in Japan IT Week 2025, Japan’s largest IT exhibition, held at Tokyo Big Sight, to showcase infrastructure for the next-generation AI network era. Marking the 15th anniversary of its Japan unit, it set up a 12-booth exhibition hall featuring solutions combining stable traffic processing and security. Japan-focused SG2500 and SG2600 high-performance security switches drew attention.
Crypto
a16z Crypto updates Jolt zkVM, warns of misuse of \'ZK\' term
a16z Crypto, the crypto arm of Andreessen Horowitz, upgraded Jolt zkVM and said the blockchain industry is overusing the term zero-knowledge, or ZK. It warned that zkVM technology often does not deliver true zero-knowledge. It said implementing zero-knowledge in zkVMs requires a costly wrapping process that can harm transparency and create security issues. It also said the update provides a proof only about 3 KB larger than the original.
