Search results for Shinsegae Group
Games & Commerce
Shinsegae to invest $1 billion in Warner Bros acquisition
Shinsegae Property will invest $1 billion in the acquisition of Warner Bros, the company said on Monday, joining as an investor in a deal being pursued by Paramount. Shinsegae Group said it aims to use Hollywood content as a new growth engine and expand its portfolio into global content. It also plans to use intellectual property at offline sites, explore cooperation with HBO Max and Paramount Plus, and pursue joint content production over the long term.
AI & Enterprise
Reflection signals major AI push with U.S.-made open-weight model
Nvidia-backed AI startup Reflection is preparing to launch a high-performance open-weight model, Axios reported on Oct. 4. The first model is expected to be unveiled soon. Early performance is forecast to trail leading U.S. models but be competitive with top Chinese open-weight models. Axios said sources described the model as strong enough for companies to build their own low-cost AI systems.
AI & Enterprise
Shinsegae chairman Chung Yong-jin attends Foundry School launch ceremony
Shinsegae Group said its Chairman Chung Yong-jin attended the launch ceremony of Foundry School in Washington on Sept. 3 local time. The U.S. State Department-led project aims to foster future talent for manufacturing and advanced industries through industry-academia cooperation. U.S. officials and ReflectionAI’s CEO highlighted Shinsegae’s partnership with ReflectionAI. Shinsegae said it is working on establishing a joint venture and selecting a site for a large AI data centre project in South Korea.
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Games & Commerce
Jung Yong-jin to take CEO roles at E-Mart and Shinsegae Property as registered director
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Industry
Shinsegae chairman Chung Yong-jin apologises to public over Starbucks controversy
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General News
Shinsegae chairman Chung Yong-jin dismisses Starbucks Korea CEO Son Jung-hyun immediately
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Games & Commerce
Shinsegae Group to overhaul management strategy office, reorganise control tower around Chung Yong-jin
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AI & Enterprise
Shinsegae Group pushes retail AI innovation with Reflection AI, halts OpenAI talks
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AI & Enterprise
Shinsegae Group kicks off two-track AI strategy with agents and infrastructure
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AI & Enterprise
Shinsegae ties up with OpenAI on AI commerce, plans to add shopping agent this year
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AI & Enterprise
Reflection seeks funding at $25 billion valuation to target sovereign AI with open-source models
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Industry
Shinsegae to build South Korea\'s largest AI data centre, aims to lead retail with AI commerce
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AI & Enterprise
U.S. AI startup ReflectionAI teams up with Shinsegae to build large data centre in South Korea
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AI & Enterprise
Wconcept appoints fashion expert Lee Ji-eun as CEO to narrow gap with 29CM
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Games & Commerce
Wconcept appoints Lee Ji-eun as new chief executive
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Industry
Shinsegae chairman Chung Yong-jin visits Traders Incheon Guwol ahead of Lunar New Year
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Games & Commerce
SSG.com says Ssg7 Club lifts members\' grocery sales by 70 percent
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Industry
Shinsegae Group to pay 1.7 trillion won to partners ahead of Lunar New Year