Search results for public procurement
AI & Enterprise
AI product verification certificate draws attention as Korea moves to lower entry barriers to public AI market
South Korea will introduce an AI product verification certificate scheme under the AI Basic Act, aimed at lowering barriers for AI firms entering the public market. The certificate is not a formal certification but an alternative way to prove technical requirements in procurement, a lawyer said. KOSA will accept and issue applications, while TTA will conduct technical reviews. Products with certificates will receive eased requirements, including waived delivery records and credit ratings, and bid evaluation advantages.
Industry
Europe warns of battery supply chain risk with heavy reliance on imported materials
Europe is using batteries as a core technology for energy, industry and defence, but its heavy dependence on overseas sources for key materials is creating supply chain vulnerabilities, a report said. The Backbone Coalition warned that domestic production of essential inputs is far below demand, leaving Europe exposed to geopolitical conflict or supply disruptions. It urged the European Union to rapidly expand support over the next three years and broaden it across the battery value chain.
AI & Enterprise
FortyTwoMaru wins government certification under AI product-service verification scheme
Agentic AI startup FortyTwoMaru said on Sept. 16 that its generative AI solutions, the domain-specific lightweight language model LLM42 v.1.1 and the high-precision retrieval-augmented generation solution RAG42 v.1.3, received certification under the government’s AI product-service verification scheme based on follow-up amendments to the AI Basic Act. The company said the system excludes simple API calls or rules-based non-AI software.
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AI & Enterprise
Security has no \'SaaSpocalypse\' as earnings surprises continue
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AI & Enterprise
Hanssak swings to profit in Q2 on broader security portfolio and business diversification
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Industry
Domestic NPU products cleared for public procurement as Rebellion, FuriosaAI named
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Crypto
Dunamu to hold police seized digital assets
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AI & Enterprise
RSUPPORT registers AI meeting-minutes solution AI Repoto on Nara Market
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Industry
Moving fabs alone may not make South Korea\'s semiconductor relocation work, MPE ecosystem key
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AI & Enterprise
NIA, industry convergence ombudsman discuss AI industry regulatory reforms
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AI & Enterprise
Korea to lower public procurement barriers for AI products, support fees for vulnerable groups
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Crypto
New Hampshire enacts \'Blockchain Basics Law\', strengthening self-custody and developer protections
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Finance
Shinhan Financial to provide 6 billion won over 3 years to boost social solidarity economy
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AI & Enterprise
Korea ministry says K-AI models spread to public, broadcasting and semiconductor sites
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AI & Enterprise
South Korea to spend 7.54 trillion won on AX Sprint to commercialise 229 AI products and services
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Fintech
Korea Credit Bureau launches 7-day credit rating certificate for small business corporations
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AI & Enterprise
AMD to build 2 AI supercomputers in UK, invest $2 billion over five years
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Industry
Edge AI helps manage Seoul Rose Festival crowds as KIoT speeds smart city expansion