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AI & Enterprise

Claude ranks second in South Korea\'s generative AI app revenue - Sensor Tower

Anthropic’s AI assistant Claude has risen to second place in South Korea’s generative AI app market, overtaking Google’s Gemini, according to Sensor Tower. Through early June, Claude ranked second by revenue among iOS generative AI apps in South Korea and first in revenue growth. It hit a record daily revenue of about $104,000 on May 5. Sensor Tower said the increase may have come from existing users converting to paid subscriptions or upgrading plans.

Telecommunications & Media

Netflix not enough for K-content push into North America, FAST seen as breakthrough

Kim Jeong-eun (김정은), head of K20, said North American broadcasting remains an untapped market for K-content and that free ad-supported streaming TV, or FAST, could be the key to entry. She cited data showing broad weekly FAST usage and said K20 supplies channels to multiple global platforms. She also pointed to higher ad rates and cited a case where exclusive FAST distribution outperformed existing OTT results, while calling for policy support.

Crypto

Kalshi posts $500 million trading volume during Masters as prediction markets face rising regulatory pressure

Prediction market platform Kalshi said it recorded $500 million in trading volume during the Masters golf tournament. A post on X showed trading across winner, player and side-bet markets for the event in Augusta, Georgia, and said weekend activity rose as funds flowed in from retail investors to hedge fund participants. The surge comes as prediction markets grow around sports events and face increased regulatory pressure and market surveillance.