Search results for artificial intelligence
AI & Enterprise
InnoAX first-half sales up 36 percent as AX business gains traction
InnoAX, an artificial intelligence transformation (AX) specialist, reported consolidated first-half 2026 revenue of 14.99 billion won and operating profit of 750 million won, it said on Aug. 18. Revenue rose 36 percent from a year earlier and operating profit increased 38 percent. Second-quarter revenue was 7.9 billion won. The company said AX revenue expanded, with AX sales’ share of consolidated revenue rising to 15 percent in the second quarter.
Finance
Korean retail investors pay 10 percent premium for SK Hynix ADR
Korean retail investors sharply increased purchases of U.S. stocks during a domestic market correction, with July net buying at about $4.5 billion, CNBC reported. SK Hynix ADRs drew about $840 million, ranking second in Koreans’ U.S. securities net buying, even though the shares are available at home. Arcadian Asset Management’s Owen Lamont said the ADR traded about 10 percent above the Korean shares and called the buying abnormal.
AI & Enterprise
Anthropic runs unreleased Model 2 stronger than Claude Mythos 5
Anthropic said it is operating an internal AI model, Model 2, that performs better than its top publicly known model, Claude Mythos 5, but it does not plan to release it. In an AI risk report, the company disclosed safety review results for Mythos 5 and Model 2 and described Model 2 as slightly more capable. Employees also rated it as improved on many tasks, though gains were limited. Benchmark and safety test results were mixed.
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Crypto
U.S. SEC delays crypto regulation meeting, possibly mindful of Clarity Act
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Finance
Woori Financial to merge Dongyang Life and ABL Life, aiming to launch 55 trillion won insurer
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Telecommunications & Media
iPhone 18 Pro to be smaller and faster; 6 key changes
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Industry
China develops AI missile system to identify F-22, F-35 stealth fighters, claims over 90 percent accuracy
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Telecommunications & Media
Apple Watch Ultra 4, Series 12 set for September debut with internal upgrades
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AI & Enterprise
ITCEN NTECH launches NexQ.cen insurance actuarial analytics solution
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Crypto
Tom Lee says Ethereum to outperform Bitcoin in coming years as ETH/BTC ratio gains
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Crypto
BitMine buys another 9,926 ether, nears 5 percent of circulating supply goal
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Finance
Webcash to hold AX seminar for public institutions\' finance and funds managers
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AI & Enterprise
OpenAI to lease 10-GW Ohio data centre for 20 years; Nvidia to guarantee up to $105 billion in rent
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Crypto
Five factors for bitcoin this week, from Fed minutes to Bank of Japan and whale inflows
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AI & Enterprise
Anthropic annualised revenue soars sevenfold to $65 billion, overtakes OpenAI
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Finance
Hana Bank to expand financial support in Incheon, launch 200 billion won unicorn fund
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Crypto
Mark Cuban says next investment boom will be AI chips, not bitcoin
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Crypto
Upbit, Bithumb earnings slump as trading value falls, push to diversify in H2