Small AI models that can be installed on PCs are evolving rapidly, raising attention over whether they can rival large models that run on high-capacity computers. Tech companies are releasing local-run models aimed at cost and privacy needs. The government is set to disclose second-round results for its independent AI foundation model project and narrow four teams to three. The article also lists recent moves by Korean and global companies on AI models, tools, pricing and partnerships.

KB Financial Group is recruiting participants for the second round of its \"Luxury Shop\" programme to support small business owners who are descendants of independence merit honorees. The project aims to improve shop and housing environments and help strengthen livelihoods. This year, five stores will be newly selected after a comprehensive review of factors including income level, shop conditions and business sustainability. Applications are open until Aug. 31 via Korea Habitat’s website.