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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.
Telecommunications & Media
Korea parliament science, ICT committee completes second-half lineup with AI budget, misinformation on agenda
South Korea\'s National Assembly Science, ICT, Broadcasting and Communications Committee begins second-half activities after ruling and opposition parties completed member assignments. The panel is expected to focus on securing budgets and setting investment priorities for government AI projects, ensuring power supply for AI data centres and chip plants, and overhauling broadcasting and telecom rules. It is also set to debate regulation of false and manipulated information, follow-up work on the AI basic law and media fund financing.
Games & Commerce
Nexon Games speeds up new release schedule, steps up second-half lineup
Nexon Games is stepping up its new game push in the second half, unveiling a lineup that includes Sudden Attack: Zero Point, Project RX and DNF Raising. Sudden Attack: Zero Point enters global early access on Steam on July 30, excluding South Korea. Project RX debuted an offline experience space at Anime Expo 2026 in Los Angeles and plans to attend Tokyo Game Show 2026 in September. DNF Raising is in development for a domestic launch within the year.
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Industry
Albamon launches label part-time event with Kwangdong Pharmaceutical\'s Vita500
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Finance
KakaoBank union to hold full-day strike on July 31
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People
Hana Financial Group supports samgyetang for 4,000 vulnerable elderly in Incheon
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Crypto
Ruling party to resume talks on Digital Asset Framework Act in September
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Industry
South Korea\'s physics prodigies sweep gold with clean medal haul at international Olympiad
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AI & Enterprise
LG Uplus to show agentic AI consulting bot at AXIS 2026
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AI & Enterprise
MegazoneCloud to work with Seoul AI Hub to support AI companies
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Games & Commerce
Kakao launches first call for \'Regular Shop\' to grow small merchant brands
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AI & Enterprise
Physical AI firm Carbonsix raises $40 million in Series A funding
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Games & Commerce
GRAC urges caution over foreign game \'Swordsman from Hell\' over loot box disclosure breach
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Politics
Song Gi-heon elected chair of science, ICT and broadcasting committee for second half
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Industry
Seoul Hongneung, Pohang, Incheon Seo-gu and Jinju small strong special zones rated excellent
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Games & Commerce
Com2uS to sponsor KBO All-Star home run derby for fifth straight year
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People & Appointments
Hana Financial Group holds volunteer mural work with artists with developmental disabilities in Incheon
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Crypto
Toss builds AI training data reward model with Poseidon