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Games & Commerce

Team Naver proposes AI factory partnership in France, expands to industrial AI and content

Team Naver is expanding cooperation with French companies and institutions on AI infrastructure, industry-focused AI and content. Naver said CEO Choi Soo-yeon (최수연) and Naver Cloud CEO Kim Yoo-won (김유원) met French media, IT, energy, mobility and finance executives during President Lee Jae-myung’s France trip. It proposed jointly building an AI factory in Europe and outlined plans for sector-specific AI and content partnerships, including webtoons and an IP adaptation fund.

Industry

Lithium prices rise to $22 as recycled battery sector nears profit turnaround

Lithium prices have climbed from about $8 to $22 in a year, ending a nearly three-year slide in secondary battery raw materials, helping resource recyclers that extract and resell metals from used batteries. The recovery in selling prices is raising expectations that a loss-making stretch of more than 10 quarters could shift to profit. Analysts also point to improving utilisation at new plants. The outlook hinges on supply, including expected new lithium mine operations by China’s CATL in the second half.

AI & Enterprise

Tencent opens core Hy3 AI model free globally, first since hiring ex-OpenAI researcher

Tencent is expanding its next-generation artificial intelligence model Hy3 (Hunyuan 3.0) into global markets, targeting overseas developers, companies and general users. It is releasing the model via its WorkBuddy AI agent platform, Tencent Design Meora design tool and TokenHub model platform, and offering Hy3 free on WorkBuddy through Aug. 31. Tencent says Hy3 has 295 billion parameters and highlights AI agent functions for workplace use.