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AI & Enterprise

Small AI models near large-model performance as Dokpamo second evaluation nears

Small AI models that can be installed on PCs are evolving rapidly, raising attention over whether they can rival large models that run on high-capacity computers. Tech companies are releasing local-run models aimed at cost and privacy needs. The government is set to disclose second-round results for its independent AI foundation model project and narrow four teams to three. The article also lists recent moves by Korean and global companies on AI models, tools, pricing and partnerships.

AI & Enterprise

Databricks annualised revenue tops $7 billion

Databricks said on Thursday its annualised revenue had exceeded $7 billion. The company said it grew by more than 80 percent in the second quarter from a year earlier and completed a $5 billion strategic investment round that valued it at $190 billion. Databricks said it will use the funds to accelerate innovation in core AI products including Lakebase, Genie and Unity AI Gateway. Coatue led the round, with Blackstone, MGX and T. Rowe Price Associates participating.

AI & Enterprise

Buying AI tools does not mean AX; companies need to redesign jobs, organisations and workflows

Buzzvil CEO Kwanwoo Lee (이관우) said AI has clearly boosted individual productivity, but raising organisational productivity requires redesigning workflows, roles and work methods to fit AI. Buzzvil is expanding its reward advertising business with an interaction AI agent and is encouraging unrestricted AI tool use, with token usage up 10-fold in the first half. He cited productivity gains, cost cuts and role reassignments, prioritising capability expansion over layoffs.