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AI & Enterprise

AI bubble fears sweep tech, boosting open-weight AI

Concerns about excessive investment in AI infrastructure weighed on tech markets, pushing down AI-related stocks, while Apple, seen as investing less in AI, reached a $5 trillion market value after Nvidia. Some observers warn today’s AI data-centre shortages could turn into long-term overcapacity that shocks equities, with investors shifting toward U.S. Treasuries. The report also cites slowing revenue growth at Anthropic and increased moves by U.S. firms into open-weight AI models.

AI & Enterprise

Mangoboost launches Mango Inference serverless AI inference platform

AI infrastructure company Mangoboost on Oct. 12 unveiled Mango Inference, a serverless AI inference platform, at a press briefing in Seoul. The company said the service lets users run AI models without complex infrastructure setup and aims for second-level deployment, low latency, maximum throughput and total cost of ownership efficiency. Users can start with a single API key, and a dedicated inference option is planned. Mangoboost also highlighted its full-stack AI infrastructure and LLMBoost software.

AI & Enterprise

Elice Group chases IPO, targets global AI infrastructure market with Korean-style neo-cloud

Elice Group, a full-stack AI company, is pursuing an initial public offering to expand into the global AI infrastructure market with what it calls a Korean-style neo-cloud. It plans to convert 130 MW of secured power capacity into AI computing resources by building modular AI data centres in regions with spare electricity and boosting GPU utilisation with its own software. The company also aims to sell domestic AI computing resources to overseas customers and target a KOSDAQ listing in October.