Search results for Saltlux
AI & Enterprise
Upstage steps up IPO push after Daum acquisition
Upstage is accelerating plans for an initial public offering in the second half after acquiring AXZ, the operator of Daum, from Kakao through a share swap. Key variables include its AI portal strategy for Daum, meeting KOSPI listing requirements and whether collaboration turns into overseas revenue. Upstage plans to integrate its Solar large language model into Daum services and keep Daum as a separate entity under a model-supply partnership.
Crypto
Hecto Financial moves to secure AI agent payment infrastructure with stablecoins
Global fintech firm Hecto Financial is targeting the AI agent payment infrastructure market using stablecoins. The company said it will begin a proof of concept with Goover, the U.S. unit of AI company Saltlux, and blockchain wallet infrastructure firm Hecto Wallet One to build an automated stablecoin payout system optimized for AI agents. The collaboration aims to settle Goover user contribution revenue in dollar-pegged USDC and support cross-border, micro and high-frequency transactions.
AI & Enterprise
Korea science ministry signs K-Moonshot MOU with AI and infrastructure firms
South Korea\'s Ministry of Science and ICT said it signed a memorandum of understanding on its K-Moonshot strategy with domestic AI and infrastructure firms and mission-field companies at a Seoul hotel on Tuesday. The ministry plans to build a company partnership centered on 88 AI and infrastructure firms. It said 161 companies have expressed intent to cooperate so far. Participants also discussed cooperation with state-run research institutes.
