MegazoneCloud said on July 23 it signed a strategic memorandum of understanding with Korean Reinsurance to accelerate AX, or AI transformation, in the reinsurance business. The companies agreed to pursue a long-term technology partnership rather than a one-off system build. They plan to cooperate on AI- and data-driven underwriting and contract review, big data-based risk prediction, companywide automation in a cloud-native environment, and new financial business models linked to global infrastructure.

Mobigen is accelerating its push into the enterprise AI market with an ontology-first strategy modelled on Palantir, its CTO said. The company is focusing on developing ontology technology while using open-source large language models, betting this approach can help it compete in corporate AI transformation. Mobigen launched its Grapio platform last year, released Grapio 2.0 after stabilising version 1.0 and plans a 3.0 version next year. It is also targeting defence, EPC, public and telecom sectors.