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AI & Enterprise
Nums AI raises 4 billion won to speed tabular foundation model development
Nums AI, which develops a Tabular Foundation Model for structured data, said on July 20 it has raised its first investment worth 4 billion won. Stonebridge Ventures led the round, with participation from SBVA, KT Investment and Base Ventures. The company said its model can cover tasks such as demand forecasting, anomaly detection and credit assessment with a single model, and plans to expand GPU infrastructure and its research organization.
AI & Enterprise
Jensen Huang wraps up South Korea visit, stresses physical AI cooperation and startup support
Nvidia CEO Jensen Huang attended a \"Korea AI Ecosystem Reception\" on June 8 to wrap up a five-day visit, saying South Korea is unmatched in heavy industry, manufacturing, electronics and AI software and that hundreds of billions of dollars in revenue would flow into the country over the next five years. He urged venture capitalists and the government to support AI startups and highlighted physical AI cooperation. Deputy Prime Minister Bae Kyung-hoon cited plans on next-generation accelerators, GTC Korea and GPU price talks.
AI & Enterprise
SBVA invests 50 billion won in Yann LeCun-founded AMI seed round
SBVA said on Tuesday it invested about 50 billion won in the seed round of AMI (Advanced Machine Intelligence), a global frontier lab founded by AI scholar Yann LeCun. The round also included global institutional investors Greycroft Partners, Cathay Innovation and Hiro Capital, as well as Nvidia. SBVA said the investment was made through its existing funds and a newly formed Alpha AI Architecture Fund. AMI aims to develop a “world model” based on self-supervised learning and JEPA.
