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AI & Enterprise
No insurance fits AI firms as mega-lawsuit risk grows
As the AI industry expands rapidly, insurers are struggling to offer products that cover legal liabilities from AI safety incidents, according to reports cited in the article. Lawsuits over chatbot harms and copyright in model training are rising, and incidents involving out-of-control AI agents add to litigation risks. Some specialised coverage exists but with limited caps, while optional AI exclusions are spreading in policies. Brokers warn exclusions increase uncertainty and disputes.
Industry
LG Electronics joins South Korea partners to restore marine ecosystems
LG Electronics will use functional new materials to help restore marine ecosystems. The company said it signed an agreement with the Ministry of Oceans and Fisheries, South Gyeongsang province and the Korea Fisheries Resources Agency to create seaweed forests off Deokmyeong-ri in Goseong county from 2026 to 2029. The project will apply LG Marine Balance, which releases mineral ions in water. LG also said it has proprietary control technology and is expanding production capacity.
Industry
LG Electronics to help restore Suncheon Bay tidal flat ecosystem with Marine Glass
LG Electronics will apply its new Marine Glass material to about 1,500 square metres of the Suncheon Bay tidal flats as part of a project to restore the ecosystem and verify the growth of salt marsh plants and carbon absorption efficiency. The company signed a memorandum of understanding with Suncheon city and Seoul National University’s Blue Carbon project group on joint implementation of a blue carbon ecosystem and carbon neutrality.