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AI & Enterprise

Global companies step up push into South Korea\'s sovereign AI market

Global AI companies are accelerating efforts to target South Korea’s sovereign AI market, focused on AI infrastructure controllable by governments and enterprises. Palantir held a second pop-up event in Korea, while Mistral began hiring in Seoul and Cohere outlined plans to set up local entities and double Asia-Pacific staff by year-end. The article also rounds up moves by OpenAI, Anthropic, Meta, Salesforce and others, including models, acquisitions, investments and cloud and AI agent infrastructure tools.

Finance

Don\'t jump into AI stocks on rebound, four preconditions before buying

U.S. technology stocks have rebounded, but it is still too early to rush into buying AI data centre-related shares, CNBC cited Jim Cramer as saying. He said a recent bounce in AI beneficiaries does not remove lingering technical and fundamental burdens. Cramer said four conditions must be met for the rally to continue: improved technical indicators, confirmation that big tech earnings support sustained AI investment, reduced uncertainty after the Nov. 3 U.S. midterm elections, and clarity from an Anthropic IPO, which could come as early as November.

AI & Enterprise

Global security firms step up Korea push, expand infrastructure amid AI hacking

Global security companies are speeding up efforts to target South Korean firms seeking to address new threats linked to the spread of AI, including moves to build service infrastructure in Korea. Cisco is operating a Secure Access Korea point of presence, while Palo Alto Networks Korea is expanding cooperation with local firms, running training programmes and teaming up on frontier-AI threats. The report also lists other security industry moves and recent hacking and inspection figures in finance.