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AI & Enterprise

En-core signs deal with Hanwha Systems on manufacturing AX business, joint development of industry-specific AI services

En-core said on Tuesday it signed a strategic memorandum of understanding with Hanwha Systems to expand their manufacturing AX business. It said the partnership combines Hanwha Systems’ manufacturing expertise and proprietary AI technology with En-core’s data governance capabilities. The companies plan to jointly develop industry-specific AI services by integrating manufacturing ontology expertise and automation technology with En-core’s ontology building experience.

Crypto

Lambda256 upgrades CLAIR FDS/AML solution for financial institutions

Lambda256 said on Tuesday it upgraded its on-chain FDS/AML solution, CLAIR, into an integrated workflow supporting financial institutions\' anti-money laundering operations. It said the platform integrates on-chain transaction monitoring, STR analysis, KYT, a travel rule solution and on-chain data with internal institution data. The company said the system uses ontology-based knowledge graph technology and W3C standards, and provides domestic unlicensed exchange label data and rule-setting tools.

AI & Enterprise

Three South Korean AI startups target global AI market using Oracle Cloud

Korea Oracle said VMIC, PromptTown and KAB Labs joined Oracle’s startup cooperation program Miracle and enhanced industry-specific work processes using Oracle Cloud Infrastructure. It said Miracle is jointly run by Oracle, the Ministry of SMEs and Startups, KISED and Seoul National University of Science and Technology. The companies reported lower infrastructure costs, faster processing speeds and plans to support customers across global hubs.