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AI & Enterprise

Xenon first-half sales rise 331 percent to 11.76 billion won

Generative AI solutions company Xenon said on Wednesday its separate first-half sales rose 331 percent from a year earlier to 11.76 billion won. Operating profit for the first half was 2.2 billion won, more than three times its full-year operating profit of 700 million won last year. The company said rising demand for corporate AI transformation and an expansion of projects centered on the financial sector drove growth.

AI & Enterprise

Telecoms tapped for Korea\'s \'AI for All\' project as infrastructure capability comes into focus

South Korea has completed the selection of operators for its government AI service project, \'AI for All\', aimed at the entire population. The Ministry of Science and ICT selected consortia led by SK Telecom and KT, and a Kakao-led group that includes LG Uplus. The ministry said evaluation focused on the ability to expand and operate the service, including infrastructure plans. The government will support 512 Nvidia B200 GPUs this year and plans additional cost support from next year.

AI & Enterprise

Companies outline strategies for South Korea\'s AI for Everyone project

Strategies by major companies joining the government’s “AI for Everyone” project are taking shape, industry sources said. While all plan to start with a general-purpose chatbot, they differ on how to combine models and connect to existing services. SK Telecom plans a full-stack approach centered on its A.X K2 model and 생활 agents linked to finance, transport and healthcare. Kakao plans to use KakaoTalk touchpoints with LG group support. KT is pursuing a multi-LLM approach with several domestic model developers. East Soft, Xenon and MKD also submitted proposals.