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Finance
KB Kookmin Bank arranges 4 trillion won financing for U.S. LNG infrastructure
KB Kookmin Bank has completed the arrangement of financing for a U.S. offshore LNG infrastructure development project. The bank said it completed joint arrangement of project financing for the Delfin floating liquefied natural gas development project, with the financing agreement signed on June 3 local time. The syndicated financing totals $2.676 billion, or about 4 trillion won, and KB Kookmin Bank arranged and participated with $160 million.
AI & Enterprise
Japanese financial institutions get access to GPT-5.5; minister says Claude Mythos access also planned
OpenAI has allowed Japanese financial institutions to access its GPT-5.5 model to help defend against cyber attacks, Reuters reported on May 29. Japanese Finance Minister Satsuki Katayama (가타야마 사쓰키) called the move a major step in strengthening cyber defence after meeting OpenAI Chief Strategy Officer Jason Kwon in Tokyo. Japan also plans to secure access to Anthropic’s Claude Mythos, she said. Japan launched a public-private working group in May to address cyber threats posed by Mythos to the financial system.
AI & Enterprise
Japan AI latecomer starts counterattack with Nvidia, SoftBank, Microsoft big tech alliance
Japanese companies are expanding cooperation with global big tech to strengthen artificial intelligence competitiveness. Station Ai is running an AI Boost Program with SoftBank and Nvidia to support five startups, offering free access to high-performance GPUs and engineering help. Microsoft plans to invest 1.6 trillion yen in Japan from 2026 to 2029. SoftBank, NEC, Honda and Sony Group will set up a joint venture to develop foundation models, while the government plans 1 trillion yen in support.
