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Politics

Hwang Jeong-a says startups at state-funded research institutes up 120 percent, urgent to fix follow-up rules

Startups launched by government-funded research institutes more than doubled in the first half of this year from a year earlier, data submitted to lawmaker Hwang Jeong-a showed. NST-affiliated institutes recorded 11 startups, up 120 percent from 5 a year earlier. From January to September, startup screenings rose to 30 and approvals to 26. Hwang urged Deputy Prime Minister Bae Kyung-hoon to swiftly update guidelines even before the law takes effect.

AI & Enterprise

FaindersAI selected for deep-tech TIPS to advance AI self-checkout technology

AI retail solutions company FaindersAI said on Wednesday it was selected for the Ministry of SMEs and Startups\' 2026 TIPS R&D deep-tech track. The programme provides government R&D funding to technology startups found and backed by private investors. FaindersAI will receive up to 1.5 billion won over three years. It plans to upgrade its Vision Checkout self-checkout technology by developing an AI model that learns from multi-angle 2D images and 3D shape data.

Games & Commerce

Kakao holds \'AI Sail Summit 26\' in Busan, shares group AX cases

Kakao held the \'Kakao AI Sail Summit 26\' in Busan to share artificial intelligence transformation (AX) cases across group affiliates and to unveil business plans to support local AI talent and entrepreneurs. About 800 local AI talent, entrepreneurs and developers attended. Kakao, Kakao Mobility, KakaoBank, Kakao Pay and Kakao Pay Insurance presented AI technologies and AX applications in their businesses. Kakao AI Sail also outlined a three-stage support structure spanning talent development, startup commercialisation and regional ecosystem expansion.