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AI & Enterprise

Open Secure AI Alliance launches with Nvidia and global partners; SK Telecom and Naver join

The Open Secure AI Alliance, a consortium to develop and share open technologies, techniques and tools to protect software and agents in the AI era, is launching under the lead of Nvidia and global companies. Nvidia and founding members plan to jointly develop and share open models, agent harnesses and security tools supporting responsible AI use and improved trust. SK Telecom and Naver are among the participating South Korean companies.

Crypto

Storj Labs files for bankruptcy protection, seeks way for token holders to take equity

Storj Labs, a decentralised storage provider, has filed for Chapter 11 bankruptcy protection in the United States. It said it will maintain network operations and customer service during restructuring and is considering a plan to allow STORJ token holders to participate in equity of the reorganised company. The firm said most of its debt predates its current strategy and is too large to resolve through growth alone.

AI & Enterprise

Hitachi Vantara\'s U.S. Norman manufacturing site named WEF Lighthouse factory

HS Hyosung Information Systems said Hitachi Vantara\'s storage manufacturing facility in Norman, Oklahoma, has been selected as a World Economic Forum Lighthouse factory. Lighthouse factories are manufacturing sites that deliver innovative results in productivity, supply chain resilience and sustainability using technologies such as AI and robotics. HS Hyosung said the site runs an end-to-end digital manufacturing and supply chain hub and cut lead time by 77 percent and inventory by 50 percent by applying agentic AI.