A sharp fall in South Korean stocks has raised uncertainty for AI startups pursuing initial public offerings, as concerns resurface over AI investment profitability. Alice Group is set to list on the KOSDAQ after strong demand in its bookbuilding and retail subscription. Attention is turning to follow-on candidates Rablup and Xenon as they run institutional demand forecasts and prepare retail subscriptions amid heightened market volatility and potentially weaker investor sentiment.

Generative AI solutions company Xenon has officially launched GenA, an integrated portal for AI agents, and released an Android app. The service lets users access multiple AI agents on a single platform without switching between services. GenA currently offers six agents, including slide creation, research, data analysis, document translation, meeting minutes and public policy guidance. New subscribers receive monthly credits worth about 10,000 won. The service is currently free, with paid options under review.