Nota, an artificial intelligence lightweighting and optimization technology company, said on May 18 it posted first-quarter consolidated revenue of 3.58 billion won and an operating loss of 4.19 billion won. Revenue rose 5,240 percent from a year earlier and the operating loss narrowed 4.1 percent. Solution revenue accounted for 76 percent of sales. The company said its order backlog rose to 12.1 billion won, led by its platform business.

Security companies are issuing reports on cyber threat trends, and two drew attention this week from Rapid7 and Grip Security. Rapid7 said defenders are finding it harder to keep up as attackers weaponise disclosed vulnerabilities within days, leaving little time to patch. Grip Security warned that AI embedded in SaaS applications can create risks outside enterprise control, and a breach of one AI-enabled app can spread across other AI environments and potentially to other organisations.