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AI & Enterprise

NH NongHyup Capital builds Oracle Cloud-based disaster recovery system

NH NongHyup Capital said on Aug. 3 it has built a disaster recovery environment based on Oracle Cloud Infrastructure. The company shifted from its existing on-premises data backup method to an OCI-based in-house disaster recovery framework to comply with recently revised electronic financial supervision rules and strengthen operational resilience. It said the move lays the groundwork to keep services running without interruption even during major outages or system errors.

AI & Enterprise

Three South Korean AI startups target global AI market using Oracle Cloud

Korea Oracle said VMIC, PromptTown and KAB Labs joined Oracle’s startup cooperation program Miracle and enhanced industry-specific work processes using Oracle Cloud Infrastructure. It said Miracle is jointly run by Oracle, the Ministry of SMEs and Startups, KISED and Seoul National University of Science and Technology. The companies reported lower infrastructure costs, faster processing speeds and plans to support customers across global hubs.

Industry

AI industry shifts toward in-house chips as Chinese firms join in

AI model developers are increasingly seeking to secure their own AI chips, moving beyond niche efforts, as major U.S. and Chinese tech companies work to cut reliance on outside suppliers and reduce costs. OpenAI has co-developed an inference server chip with Broadcom and plans to expand its use after starting servers later this year. Reports also point to Anthropic and Chinese AI firms DeepSeek and Z.ai exploring in-house chip development.