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News
Samsung to Pay Suppliers 1.3 Trillion Won Early Before Chuseok
8+ hour, 24+ min ago (265+ words) Seoul Economic Daily Samsung Group will pay 1.3 trillion won ($936 million) in supplier invoices ahead of schedule before the Chuseok holiday, aiming to ease cash pressure on partner firms during a period of heavy spending and to support domestic consumption Thirteen…...
Oracle's Ellison Scraps Plan to Sell 50 Million Shares After One Day
9+ hour, 26+ min ago (201+ words) Sale Plan Adopted in June, Filed With Regulators on the 11th Stock Rebounded Sharply, Fueling Hopes of Further Gains AI Boom Lifted Backlog and Briefly Put Him Ahead of Musk Oracle Chairman Larry Ellison has scrapped a plan to sell company…...
Anthropic CEO Warns AI Industry Has Misled Public on Risks
14+ hour, 36+ min ago (217+ words) Amodei Says Industry "Gaslighting" People Over Dangers U.S. Congress Split on AI Rules, Wary of China In the conversation with host Jo Ling Kent, Amodei said AI technology is advancing at an exponential pace and that the industry had not fully…...
Korea Warns of Airline Consumer Damage as Complaints Jump 37% a Year
10+ hour, 15+ min ago (279+ words) Complaint Growth More Than Double Rise in Travelers 7,438 Redress Requests Filed Over Past Three Years Contract Cancellation Disputes Top List at 4,341 Cases Consumer Agency, FTC Issue Alert Ahead of Chuseok Consumer complaints over airline services have risen sharply as demand…...
SK AX Wins Labor Ministry Award for AI Certification Program
16+ hour, 17+ min ago (319+ words) Seoul Economic Daily SK AX said on the 14th that it won a minister's award at a Ministry of Employment and Labor competition showcasing best practices in the government's corporate qualification recognition program, held during the Human Resource Development Conference at…...
LG Unveils EXAONE AI Models for Factory Inspection, Chemical Labs
16+ hour, 19+ min ago (411+ words) LG AI Research Hosts AI Talk Concert Omni Inspect, Autonomous Materials Lab Among New Tools Expert Models Built on 1,000-Plus Patents LG Corp. (003550.KS) unveiled a broad set of technologies built on its in-house EXAONE artificial intelligence models, including systems…...
Samsung SDS Ranked World's Most Trustworthy Software Company by Newsweek
12+ hour, 10+ min ago (155+ words) Samsung SDS (018260.KS) said on the 14th that it was named the world's most trustworthy software company by Newsweek, the U.S. weekly magazine. Newsweek publishes an annual list of the world's most trustworthy companies by industry. This year, Samsung SDS ranked first…...
Korea Moves to Localize Optical Tech for AI Data Centers
20+ hour, 8+ min ago (360+ words) Seoul Economic Daily The South Korean government is moving to localize optical communication technology for artificial intelligence data centers, or AIDCs As AI data centers grow larger, how quickly tens of thousands of graphics processing units can be connected has…...
Samsung Securities Signs Partnership With BNY on AI, Digital Assets
1+ day, 8+ hour ago (316+ words) Deal Builds on Custody and Securities Financing Expertise Cooperation Extends to AI and Digital Asset Businesses "Innovative and Differentiated Solutions" for Clients Samsung Securities (016360.KS) is expanding into new businesses including artificial intelligence and digital assets through a partnership with…...
Samsung Showcases AI Kitchen Lineup at Chef-Led Cooking Show
1+ day, 8+ hour ago (503+ words) Chef Kim Ho-yoon Demonstrates Cooking With AI Appliances From Ingredient Tracking to Recipe Suggestions and Cooking Latest AI Features to Reach Existing Family Hub Models Samsung Electronics (005930.KS) said on the 13th that it held a "Bespoke AI Cooking Show" on…...