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AI & Enterprise
Korean stocks slide raises uncertainty for AI startups ahead of IPOs
A sharp fall in South Korean stocks has raised uncertainty for AI startups pursuing initial public offerings, as concerns resurface over AI investment profitability. Alice Group is set to list on the KOSDAQ after strong demand in its bookbuilding and retail subscription. Attention is turning to follow-on candidates Rablup and Xenon as they run institutional demand forecasts and prepare retail subscriptions amid heightened market volatility and potentially weaker investor sentiment.
AI & Enterprise
HS Hyosung Information System holds Data Center Modernisation Conference 2026 in Busan
HS Hyosung Information System held the Data Center Modernisation Conference 2026 on Sept. 15 at Lotte Hotel Busan and shared data centre modernisation strategies for the AI era. It presented approaches spanning enterprise AI data and infrastructure buildouts, private cloud operational efficiency and cyber resilience. The event included keynote and session presentations on end-to-end modernisation, smart city private cloud cases, and data protection and recovery. Partner firms showcased technologies and response strategies.
AI & Enterprise
KT to pursue full-stack strategy for \'AI for All\' using domestic AI technology
KT said on Saturday it will pursue a full-stack AI strategy for the government-led \'AI for All\' project, spanning domestic AI chips, models and platforms, and cloud and network infrastructure. As lead company, it plans to form a consortium to connect AI infrastructure and model and platform capabilities held by domestic firms for large-scale public services. Participants include Rebellions, Rablup, VESSL AI Korea, Upstage, Motif Technologies, NC AI, Saltlux and ActionPower.