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AI & Enterprise
Science ministry launches pilot projects using homegrown AI chips
South Korea will begin 22 pilot projects using homegrown AI semiconductors in areas including robots, security and urban safety, the Ministry of Science and ICT said. The ministry held a joint kickoff briefing on Aug. 5 for three demonstration programmes, covering AX device development and testing, support for rapid commercialisation of AI applications, and on-device AI service trials and expansion. It will also pursue seven physical AI demonstration tasks through next year.
Industry
Ceragem overhauls IoT app, shifts to AI-based personalised health management
Ceragem\'s smartphone healthcare app has shifted from a product control tool to an AI-based health management platform. The company said it has relaunched its IoT application with AI recommendation features. The overhaul includes a full redesign of the user experience, with menus reorganised around seven care categories such as spine care, exercise care and energy care. The app has about 96,000 cumulative downloads.
Finance
K Bank expands lifestyle and finance services, offers telecom fee cashback
K Bank has introduced two partnership services focused on everyday spending and personal finance, ranging from cutting telecom costs to searching real estate auction information. The bank launched a telecom plan comparison service offering cashback and an AI-based real estate auction search service. Users can compare 28 budget mobile plans and receive Naver Pay points after setting up automatic payments from a K Bank account. The auction service provides search and analysis features.
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Crypto
Kiwoom Securities, Travel Wallet join forces on digital assets, embedded finance
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Games & Commerce
Cafe24 integrates YouTube Creator Partnerships API
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Games & Commerce
Kakao Q2 operating profit up 36 percent as profitability improves on platform growth
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Mobility
Korean Air to convert Archer Midnight flying taxi into military transport aircraft
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Games & Commerce
Game IPs move off-screen as physical trading cards roll out
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Crypto
Marex invests in Digital Prime to expand institutional crypto lending
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AI & Enterprise
Shopify says AI search traffic tripled as traditional search also grows
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Crypto
Polymarket in talks to raise new funding at valuation above $20 billion
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AI & Enterprise
Bybit EU payments unit secures Austria e-money licence
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AI & Enterprise
Cohere bets on enterprise-optimised sovereign AI, targets 1 trillion-parameter model this year
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AI & Enterprise
Tencent opens core Hy3 AI model free globally, first since hiring ex-OpenAI researcher
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Finance
Kakao finance posts record results as Bank and Pay expand into corporate, securities and insurance
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AI & Enterprise
ChatGPT can generate fake receipts and certificates when asked \'just for fun\'
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Games & Commerce
Microsoft\'s next Xbox \'Project Helix\' plan to unify all Xbox games emerges
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Crypto
Russia nears crypto legalisation, but 69 percent say they have nowhere to use it