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AI & Enterprise
Trump, big tech sign AI safety pact but it has no legal force
U.S. President Donald Trump signed a voluntary agreement with major technology companies to reduce risks from frontier AI, but the pact has no legal force, prompting debate over its effectiveness. About 24 firms agreed to independent safety audits, shared standards and benchmarks, and regular consultations covering issues including cybersecurity and biosafety. The agreement does not impose new legal duties, and enforcement details remain unclear as AI safety incidents continue.
AI & Enterprise
Bill Gates says AI could usher in an era of abundance after 20-year adjustment period
Bill Gates said artificial intelligence is likely to unfold in two stages, with an adjustment period of about 20 years before broader productivity gains spread across society. He said AI could first disrupt labor markets and be misused for crime if safeguards are lacking. In a second stage, he said AI combined with humanoid robots could perform work such as housing construction and food production, easing material shortages. He also stressed the need for regulation and monitoring.
Telecommunications & Media
Amazon Prime Video joins short-form news race with News Clips
Amazon is adding short-form news to Prime Video as more users consume news through brief videos on platforms such as TikTok, Instagram and YouTube Shorts. Prime Video has introduced News Clips in the United States, offering edited local and national news from multiple providers on a dedicated page. The service starts on TV and Fire TV devices and will expand to the web and iOS and Android apps. It is free for all Amazon customers in the United States.
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Mobility
Musk\'s promotion of unsupervised Tesla FSD draws U.S. political warning
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Crypto
Won stablecoin pilots enter proof stage as industry tie-ups accelerate
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AI & Enterprise
US backlash against AI and data centres adds pressure on OpenAI, Anthropic IPO plans
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Crypto
Bitcoin rises above $72,000 on U.S.-Iran ceasefire progress; oil gives up gains
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Telecommunications & Media
KT affiliates speed up executive shuffles ahead of Park Yoon-young era
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Mobility
Tesla FSD draws criticism after crash into railroad crossing barrier
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Crypto
Crypto.com CEO Kris Marszalek launches personal AI agent creation service
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Finance
Stablecoin payments stir in South Korea as finance sector pushes AI-led transformation
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Crypto
BC Card partners with Coinbase to bring USDC payments to South Korea