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AI & Enterprise

LG CNS, Kurly to cooperate on humanoid robot trials at logistics centres

LG CNS said on May 18 it signed a memorandum of understanding with e-commerce company Kurly to cooperate on a humanoid robot proof-of-concept and logistics automation projects to advance smart logistics centres. The companies plan to verify on-site suitability of humanoid robots at Kurly facilities, develop intelligent logistics solutions and seek new business opportunities. They will also test LG CNS’ PhysicalWorks robot learning and operations platform and measure accuracy, speed and efficiency gains.

Crypto

Koscom partners with Woori Investment Securities on tokenised securities platform

Koscom said on May 13 it has signed a partnership with Woori Investment Securities on digital assets and tokenised securities (STO). The two companies plan to build a cooperation framework to advance the tokenised securities business based on blockchain technology and financial investment capabilities. Koscom said it has expanded its STO-related base through projects including an issuance platform with LG CNS, a Korea Securities Depository testbed, stablecoin-based atomic settlement proof-of-concept work and participation in the Korea Exchange-backed KDX consortium.

Finance

KB Asset Management lists Hyundai Motor Group physical AI investment ETF

KB Asset Management will list the RISE Hyundai Motor Fixed Physical AI ETF on May 12. The fund invests in key Hyundai Motor Group affiliates and partner companies expected to benefit from the group’s shift to robotics and artificial intelligence. Its benchmark is the KEDI Hyundai Motor Fixed Physical AI Index, which holds Hyundai Motor at a fixed 25 percent and invests in 14 stocks with high similarity to areas such as autonomous driving, robotics and factory automation.