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AI & Enterprise

South Korea\'s 2027 government R&D budget nears 40 trillion won, new projects hit record maximum

South Korea has drafted a 2027 government research and development budget of 39.5 trillion won, up 11.2 percent from this year. It plans to increase investment in strategic technologies such as artificial intelligence, semiconductors, quantum and space aviation, and to allocate a record 3.3 trillion won to new projects. Major R&D funds allocated and coordinated by the science ministry total 33.8 trillion won, up 11.5 percent.

Industry

Ecopro BM builds all-solid-state value chain from raw materials to materials and cells

Ecopro BM said it has set up a collaboration system to commercialise next-generation batteries. The company said it held a kickoff meeting on Aug. 26 in Gyeonggi Province with related companies and research institutes for the government-led \"Super Eul Project\" and began full-scale activities. The meeting launched an \"all-solid-state one team\" spanning raw materials, materials and cells, with research institutes and universities also participating.

Crypto

Goldman Sachs launches investment platform targeting pre-IPO unicorns

Goldman Sachs has created a new investment platform for wealthy clients and family offices focused on late-stage private companies. The bank consolidated its alternative investment operations into a new unit that supports direct investment in individual private firms and helps clients buy and sell unlisted stakes. It is also formalising a business to provide liquidity in private holdings through a new secondary advisory team, reflecting rising demand tied in part to an AI investment boom.