KT, which failed to make the elite team in the government\'s domestic AI foundation model project, is seeking a turnaround through the government-led \'AI for Everyone\' initiative. The project focuses on delivering AI chatbot and public AI agent services for nationwide use, requiring stable operations and the ability to connect multiple domestic models. KT has formed a consortium that includes AI model, infrastructure and platform firms and consumer-facing service operators such as Daum, Musinsa and Zigbang.

AI infrastructure management and operations software company Rableup said on Monday it filed a securities registration statement with South Korea\'s Financial Services Commission and began the public offering process for a Kosdaq listing. NH Investment & Securities is the lead underwriter. The company plans to offer 2.18 million shares at 20,000 to 23,000 won each, targeting proceeds of 43.6 billion to 50.1 billion won, and invest the funds in R&D, global expansion and infrastructure.