Search results for PIF
AI & Enterprise
42Maru targets Saudi AI market through Kosmes support program
Agentic AI startup 42Maru said on Aug. 31 it will pursue entry into Saudi Arabia and the Middle East and North Africa market through a programme run by the Korea SMEs and Startups Agency. The initiative supports Korean SMEs in building local partnerships in fields such as AI. 42Maru plans to supply its LLM42 model and RAG42 solution via on-premise and private-cloud deployments and to combine agentic AI functions for document review and workflow automation.
AI & Enterprise
Rainer to build AI full-stack alliance with Rebellions to target global market
Global AI agent startup Rainer said on Thursday it will pursue an AI full-stack solution business with Rebellions by combining AI agent technology with neural processing unit (NPU)-based infrastructure. The companies also participate in an SK Telecom consortium tied to a government-led project to develop a homegrown AI foundation model. They will seek to cut service operating costs and offer solutions addressing data sovereignty and security needs, while expanding joint business in global markets.
Mobility
Kakao Mobility to export parking solution to Saudi Diriyah
Kakao Mobility will supply an integrated parking solution to Saudi Arabia\'s smart city development, signing a paid proof-of-concept contract for the Diriyah project on Feb. 23. The company will first build solutions for three key zones with about 5,000 parking spaces as an initial step toward a system designed to accommodate more than 60,000 vehicles. If the PoC is completed successfully, it plans to expand the solution across Diriyah\'s mobility hubs.
