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Industry

Nvidia says South Korea could take over Taiwan supply chain role in physical AI era

Nvidia forecast that South Korea could take on a key role in the global AI supply chain as the physical AI industry expands. Nvidia Korea head So-young Jung said Taiwan has built an important supply-chain role in the traditional data centre business, and that South Korea could take over that role in physical AI. She cited cooperation with LG and highlighted data and simulation as key tasks for commercialisation.

Crypto

Sam Altman\'s biometric authentication startup World raises $52.5 million from cryptocurrency sale

World, an online authentication startup co-founded by Sam Altman, raised $52.5 million by selling WLD tokens to strategic investors, with a 12-month lockup, TechCrunch reported. Investors cannot sell or trade WLD for a year. World said the condition reflects long-term investment in its growth and expanding utility. Proceeds will go to the Cayman Islands-based World Foundation. Pantera Capital led the purchase, with other firms participating.

AI & Enterprise

Government steps up drive for physical AI full stack localisation

The government plans to localise physical AI full stack technology and expand its applications to manufacturing, agriculture, defence and caregiving. The Ministry of Science and ICT unveiled a strategy to build a cross-government data collection and use system and develop key technologies such as physical AI foundation models and world models. It also plans to develop specialised devices, networks, security and AI chip-based computing platforms, and to support investment, talent and standards and certification systems.