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AI & Enterprise

Motif Technologies raises 24 billion won in Series B to boost proprietary AI development

Motif Technologies said on Tuesday it raised 24 billion won in a Series B funding round to strengthen its AI deep-tech capabilities. Existing investors NICE Investment Partners and Nautilus Investment made follow-on investments, while Dito Investment and Forest Ventures joined as new backers. CEO Jeong-hwan Lim said the company will push ahead with ongoing projects, develop corporate AX solutions, and advance next-generation AI infrastructure and services.

AI & Enterprise

Korea CAIO Forum launches, aims to share AX experiences

The Korea AI Association and Samil PwC have launched the Korea CAIO Forum. The organisers held an inauguration ceremony and commemorative seminar on May 7 and shared operating plans and a vision for the forum. The forum aims to establish private-sector-led AI governance and build a national industry-academia-research consultative body. Presentations covered corporate operating model redesign, compliance guidance for the AI Basic Act, and support systems and projects for small firms.

Finance

Woori Bank joins Kim & Chang and Samil PwC to support corporate succession

Woori Bank said on April 13 it signed a memorandum of understanding with Kim & Chang and Samil PwC at its headquarters in central Seoul to cooperate on corporate succession business. The agreement aims to build an integrated support system covering finance, legal and tax services. The three organisations plan to provide advice, jointly run education and seminars, and share research and information, including support for market-based succession such as third-party sales.