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AI & Enterprise

Korea, Italy to step up cooperation on AI, quantum, robotics

South Korea will strengthen cooperation with Italy in advanced science and technology and ICT, including artificial intelligence, quantum and robotics. The Ministry of Science and ICT signed an MOU with Italy’s Ministry of Universities and Research in Rome on June 12 during President Lee Jae-myung’s state visit. The two sides plan joint research, researcher exchanges, policy sharing and joint use of research facilities. Cooperation in basic science and priorities for future collaboration were also discussed.

AI & Enterprise

Sam Altman delays South Korea visit citing unavoidable circumstances

OpenAI CEO Sam Altman has postponed his planned visit to South Korea, the company said on Thursday, citing unavoidable personal circumstances. OpenAI did not disclose specific reasons. Altman had been due to arrive on June 14 for a two-day schedule that included sequential visits to Samsung Electronics, Kakao and Naver. An OpenAI official said cooperation with local partners would continue as planned and expressed hope to visit Korea again soon.

Crypto

XRP spot ETF draws $1.43 billion in bear market, contrasting with bitcoin and ethereum

XRP spot exchange-traded funds have continued to draw money even as prices fall, showing a steadier pattern than bitcoin and ethereum spot ETFs. Bloomberg ETF analyst James Seyffart said XRP and Solana spot ETFs held up better than expected despite launching in late October 2025 as the crypto market turned down. Data showed $1.19 million of net inflows in a day and cumulative net inflows of about $1.43 billion since November 2025.