Search results for MAGMA
AI & Enterprise
KT builds companywide AI analytics environment, wins global innovation award
KT said it won the Stratygy Digital Transformation Award at Stratygy World Seoul 2026, a global data and AI analytics conference held in Seoul on July 9. The award recognises KT’s ability to combine its data platform and AI technology to modernise companywide data use and extend it to AI transformation work for corporate clients. KT said it modernised its analytics environment using its MAGMA platform built on Azure Databricks.
Crypto
Amboss unveils Lightning Network-based P2P platform RailsX
Amboss Technologies unveiled RailsX, a new peer-to-peer trading platform based on Bitcoin’s Lightning Network, at the PlanB Forum in El Salvador, The Block reported. RailsX is a decentralised solution that lets bitcoin and stablecoin holders trade while keeping custody of their assets. It combines Amboss’ liquidity marketplace Magma with Taproot Assets to support trustless decentralised trading. The company said the structure aligns with a draft U.S. Clarity Act.
Industry
Tesla Model 3 seen entering 30 million won range in South Korea; FSD shifts to monthly subscription only
Tesla’s Model 3 Standard RWD with an NCM battery could enter the 30 million won price range in South Korea on higher 2026 subsidies, compared with LFP versions. Tesla is also releasing a seven-seat 2026 Model Y, with the option limited to a premium AWD Long Range variant. Elon Musk said Tesla will stop selling FSD as a one-off purchase, offering it only as a $99-a-month subscription after the 14th.