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AI & Enterprise
European AI firms warn slowing frontier AI would cement U.S. lead, push back on calls for brakes
Major European AI companies are pushing back against calls from leading U.S. labs to slow frontier AI development, saying it could hinder competition and cement a U.S. lead. They warn new evaluation rules and cooperation frameworks could raise costs for smaller European developers. The debate comes as Europe trails the United States and China in AI investment, computing infrastructure and top model performance, even as some European countries show higher generative AI use.
Industry
Lee Jae-myung says he will respect corporate judgment on expanding U.S. semiconductor plants
South Korean President Lee Jae-myung said on Thursday the scale of any additional semiconductor plant construction in the United States involves corporate management decisions and South Korea’s industrial strategy, and that the government will reach a reasonable conclusion that protects national interests while respecting companies’ views. He also described talks over a $350 billion investment package with the United States as complex, and said a planned announcement has effectively fallen through as disputes continue over commercial rationality and investment returns.
AI & Enterprise
Delos Data raises over $100 million, unveils network chip for AI inference
Delos Data, a startup developing hardware for AI inference clusters, has raised more than $100 million. The company also unveiled a network chip for AI inference clusters called the Delos Nonstop AI Data Interface. Investors included Matrix, Playground, Socratic Partners, Capricorn, Matter Venture Partners and IAG. Delos Data plans to use the funds to hire engineers and expand sales. It previously introduced the Delos Nonstop AI Server, which can be clustered and supports up to four third-party GPUs.
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AI & Enterprise
MSIT, KTOA hold competition to find adventurous, challenging AI startups
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Finance
Toss Bank adds Kiwoom Securities issued notes to lump-sum management service; cumulative total tops 30 trillion won
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Crypto
Next crypto bull market: can one airdrop be enough? Big candidates line up
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AI & Enterprise
Douzone Bizon holds 38th AX Leadership Forum, highlights Elon Musk innovation strategy
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Finance
Meritz Securities nears ninth short-term note issuer status after SFC approval
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Finance
Woori Financial supplies 25.3 trillion won in productive finance, hits 116 percent of annual target
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Crypto
Clarity bill fails, reigniting digital asset tax controversy
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AI & Enterprise
What happens as software development costs move toward zero?
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Industry
SK hynix says nothing decided on U.S. memory production with Intel
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AI & Enterprise
JobKorea says first-half AI job postings jump 128 percent, non-development hiring rises
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AI & Enterprise
Italy\'s Exein raises $270 million to develop foundation model for physical AI security
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Finance
Productive finance plan expanded to 1,560 trillion won; FSC to prepare additional liability exemption measures
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AI & Enterprise
DeepSeek taps first CFO ahead of IPO to step up low-cost AI push
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Finance
Korea Premium Week 2026 to bring global investors together
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AI & Enterprise
Paradox of AI slowdown calls: companies want regulation as governments push back