KB News DeskCohere makes Seoul APAC base for sovereign AI push
Cohere will establish a standalone legal entity as its Asia-Pacific headquarters in Seoul as it expands operations and handles rising sovereign AI needs in the region, the Canadian AI startup…
Why Korea's maid cafes are sparking concern
Reports prompt calls for oversight of paid private interactions possibly involving minors Online versions of South Korea’s maid cafes that offer paid one-on-one phone calls, gaming sessions and other private…
FuriosaAI to supply 8,800 AI chips for Stockholm data center
South Korean artificial intelligence chip startup FuriosaAI said Wednesday it will supply more than 8,800 of its RNGD inference accelerators for a new artificial intelligence data center being developed in…
Lee urges stern response to 'commie' smears against administration's N. Korea policy
South Korean President Lee Jae Myung on Wednesday urged government ministries to respond sternly to false or distorted claims portraying the administration’s efforts to promote peaceful coexistence with North Korea…
APR eyes W3tr revenue as global sales surge
South Korean beauty tech firm APR said Wednesday that both sales and profit more than doubled to quarterly records, with overseas sales now accounting for over 90 percent of revenue.…
Hana Financial deploys W1.86tr for inclusive finance in H1
Group names Vice Chairman Lee Seung-lyul as chief inclusive finance officer Hana Financial Group deployed more than 1.86 trillion won ($1.3 billion), or 60 percent, of its annual inclusive finance…
Hyundai Motor Group names former US diplomat to lead Washington office
Hyundai Motor Group said Tuesday it had appointed former US diplomat Michael Kleine to head its Washington office as the automaker seeks to deepen engagement with the US government amid…
Korea, Bangladesh reach preliminary CEPA deal
South Korea and Bangladesh reached a preliminary agreement Tuesday on a comprehensive economic partnership agreement that would cut tariffs on Korean food, vehicles and industrial goods while widening access to…
FTC to fine conglomerate heads for omitting affiliates from regulatory filings
South Korea’s fair trade watchdog on Tuesday vowed to impose fines on conglomerate heads when their business groups omit affiliates from regulatory filings to avoid antitrust rules. The Fair Trade…
Seoul shares end higher amid lingering woes over AI, Iran crisis
Seoul shares ended higher Tuesday as retail investors snapped up stocks following the previous session’s over 5 percent plunge, while lingering uncertainty over artificial intelligence and the Middle East crisis…
